Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY) Short Interest Up 50.0% in October

Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY) saw a significant increase in short interest during the month of October. As of October 15th, there was short interest totalling 300 shares, an increase of 50.0% from the September 30th total of 200 shares. Based on an average trading volume of 67,100 shares, the days-to-cover ratio is presently 0.0 days.

Alchemy Investments Acquisition Corp 1 Price Performance

ALCY stock opened at $10.90 on Monday. The business’s 50-day moving average is $10.87 and its two-hundred day moving average is $10.76. Alchemy Investments Acquisition Corp 1 has a fifty-two week low of $10.35 and a fifty-two week high of $11.85.

Hedge Funds Weigh In On Alchemy Investments Acquisition Corp 1

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Wolverine Asset Management LLC raised its position in Alchemy Investments Acquisition Corp 1 by 235.0% in the second quarter. Wolverine Asset Management LLC now owns 334,982 shares of the company’s stock worth $3,591,000 after acquiring an additional 234,982 shares during the period. Virtu Financial LLC purchased a new stake in shares of Alchemy Investments Acquisition Corp 1 in the 1st quarter worth $368,000. Wealthspring Capital LLC lifted its position in 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 in the last quarter. Berkley W R Corp purchased a new position in Alchemy Investments Acquisition Corp 1 during the second quarter valued at $3,269,000. Finally, Condor Capital Management grew its holdings in 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. Hedge funds and other institutional investors own 92.46% of the company’s stock.

About Alchemy Investments Acquisition Corp 1

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.