Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY) Short Interest Down 45.5% in December

Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY) was the target of a large drop in short interest in the month of December. As of December 15th, there was short interest totalling 600 shares, a drop of 45.5% from the November 30th total of 1,100 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 37,700 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Investors Weigh In On Alchemy Investments Acquisition Corp 1

Hedge funds have recently made changes to their positions in the company. Berkley W R Corp boosted its position in Alchemy Investments Acquisition Corp 1 by 95.3% in the third quarter. Berkley W R Corp now owns 594,927 shares of the company’s stock valued at $6,467,000 after buying an additional 290,312 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund bought a new position in shares of Alchemy Investments Acquisition Corp 1 in the third quarter valued at approximately $1,088,000. Mizuho Securities USA LLC boosted its holdings in shares of Alchemy Investments Acquisition Corp 1 by 228.2% in the 3rd quarter. Mizuho Securities USA LLC now owns 939,737 shares of the company’s stock worth $10,187,000 after acquiring an additional 653,388 shares in the last quarter. Finally, Wolverine Asset Management LLC grew its position in Alchemy Investments Acquisition Corp 1 by 102.5% during the 3rd quarter. Wolverine Asset Management LLC now owns 678,213 shares of the company’s stock worth $7,372,000 after acquiring an additional 343,231 shares during the last quarter. Institutional investors and hedge funds own 92.46% of the company’s stock.

Alchemy Investments Acquisition Corp 1 Price Performance

Shares of NASDAQ ALCY opened at $10.94 on Friday. Alchemy Investments Acquisition Corp 1 has a 52-week low of $10.44 and a 52-week high of $13.14. The business has a fifty day moving average of $11.02 and a two-hundred day moving average of $10.88.

Alchemy Investments Acquisition Corp 1 Company Profile

Alchemy Investments Acquisition Corp 1, a special purpose acquisition company, focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It plans to focus on companies acquiring, processing, analysing, and utilizing data acquired from various systems and sources.