Short Interest in Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY) Declines By 45.5%

Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY) was the recipient of a significant drop in short interest during 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. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 37,700 shares, the short-interest ratio is presently 0.0 days.

Institutional Trading of Alchemy Investments Acquisition Corp 1

Several hedge funds and other institutional investors have recently bought and sold shares of ALCY. Healthcare of Ontario Pension Plan Trust Fund acquired a new position in shares of Alchemy Investments Acquisition Corp 1 in the third quarter worth about $1,088,000. Berkley W R Corp boosted its position in Alchemy Investments Acquisition Corp 1 by 95.3% during the third quarter. Berkley W R Corp now owns 594,927 shares of the company’s stock worth $6,467,000 after purchasing an additional 290,312 shares in the last quarter. Wolverine Asset Management LLC grew its holdings 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 valued at $3,591,000 after purchasing an additional 234,982 shares during the period. Finally, Mizuho Securities USA LLC increased its position in shares of Alchemy Investments Acquisition Corp 1 by 228.2% in the third quarter. Mizuho Securities USA LLC now owns 939,737 shares of the company’s stock valued at $10,187,000 after buying an additional 653,388 shares in the last quarter. 92.46% of the stock is owned by institutional investors and hedge funds.

Alchemy Investments Acquisition Corp 1 Price Performance

NASDAQ ALCY remained flat at $10.94 on Friday. 112 shares of the company were exchanged, compared to its average volume of 49,806. The business has a fifty day moving average of $11.02 and a 200 day moving average of $10.88. Alchemy Investments Acquisition Corp 1 has a 52 week low of $10.44 and a 52 week high of $13.14.

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.