Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY) Sees Significant Decline in Short Interest

Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY) was the target of a large decline in short interest in the month of December. As of December 31st, there was short interest totalling 400 shares, a decline of 33.3% from the December 15th total of 600 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 30,400 shares, the days-to-cover ratio is currently 0.0 days.

Alchemy Investments Acquisition Corp 1 Price Performance

ALCY opened at $11.05 on Friday. Alchemy Investments Acquisition Corp 1 has a 1 year low of $10.46 and a 1 year high of $13.14. The firm has a 50 day moving average price of $11.05 and a 200 day moving average price of $10.91.

Institutional Investors Weigh In On Alchemy Investments Acquisition Corp 1

Several large investors have recently made changes to their positions in the business. Mizuho Securities USA LLC lifted its holdings in shares of Alchemy Investments Acquisition Corp 1 by 228.2% during the 3rd quarter. Mizuho Securities USA LLC now owns 939,737 shares of the company’s stock valued at $10,187,000 after acquiring an additional 653,388 shares in the last quarter. Wolverine Asset Management LLC raised its position in Alchemy Investments Acquisition Corp 1 by 102.5% in the third quarter. Wolverine Asset Management LLC now owns 678,213 shares of the company’s stock valued at $7,372,000 after purchasing an additional 343,231 shares during the period. Berkley W R Corp acquired a new position in shares of Alchemy Investments Acquisition Corp 1 during the second quarter worth about $3,269,000. Finally, Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in shares of Alchemy Investments Acquisition Corp 1 in the third quarter worth about $1,088,000. Institutional investors and hedge funds 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.