Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY) Short Interest Up 100.0% in September

Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY) was the recipient of a significant growth in short interest in September. As of September 30th, there was short interest totalling 200 shares, a growth of 100.0% from the September 15th total of 100 shares. Based on an average trading volume of 49,600 shares, the days-to-cover ratio is presently 0.0 days.

Alchemy Investments Acquisition Corp 1 Stock Performance

Shares of ALCY opened at $10.90 on Friday. Alchemy Investments Acquisition Corp 1 has a fifty-two week low of $10.33 and a fifty-two week high of $11.85. The firm has a 50 day moving average price of $10.85 and a 200-day moving average price of $10.74.

Hedge Funds Weigh In On Alchemy Investments Acquisition Corp 1

A number of large investors have recently added to or reduced their stakes in the business. Berkley W R Corp bought a new position in shares of Alchemy Investments Acquisition Corp 1 during the second quarter valued at about $3,269,000. Wolverine Asset Management LLC increased its stake in Alchemy Investments Acquisition Corp 1 by 235.0% in the 2nd quarter. Wolverine Asset Management LLC now owns 334,982 shares of the company’s stock worth $3,591,000 after purchasing an additional 234,982 shares during the period. Virtu Financial LLC bought a new stake in Alchemy Investments Acquisition Corp 1 in the first quarter valued at approximately $368,000. Condor Capital Management boosted its stake in shares of Alchemy Investments Acquisition Corp 1 by 19.7% during the first quarter. Condor Capital Management now owns 19,647 shares of the company’s stock valued at $208,000 after purchasing an additional 3,237 shares during the period. Finally, Wealthspring Capital LLC boosted its stake in shares of Alchemy Investments Acquisition Corp 1 by 11.1% during the first quarter. Wealthspring Capital LLC now owns 215,845 shares of the company’s stock valued at $2,284,000 after purchasing an additional 21,557 shares during the period. Hedge funds and other institutional investors own 92.46% of the company’s stock.

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.