Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY) Short Interest Update

Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY) was the target of a large increase in short interest in April. As of April 15th, there was short interest totalling 2,400 shares, an increase of 33.3% from the March 31st total of 1,800 shares. Based on an average trading volume of 41,600 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Alchemy Investments Acquisition Corp 1 Stock Performance

Shares of ALCY opened at $10.63 on Friday. Alchemy Investments Acquisition Corp 1 has a 12-month low of $10.17 and a 12-month high of $11.85. The business’s fifty day moving average price is $10.58 and its 200 day moving average price is $10.49.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Wealthspring Capital LLC acquired a new position in Alchemy Investments Acquisition Corp 1 in the fourth quarter valued at approximately $2,026,000. Schechter Investment Advisors LLC bought a new position in shares of Alchemy Investments Acquisition Corp 1 during the fourth quarter worth about $10,424,000. Westchester Capital Management LLC bought a new stake in Alchemy Investments Acquisition Corp 1 in the 3rd quarter valued at about $4,644,000. Spartan Fund Management Inc. bought a new stake in Alchemy Investments Acquisition Corp 1 in the 3rd quarter valued at about $1,548,000. Finally, Deutsche Bank AG acquired a new position in Alchemy Investments Acquisition Corp 1 during the 3rd quarter valued at about $2,848,000. 92.46% of the stock is owned by institutional investors and hedge funds.

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.