Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY) Short Interest Down 75.0% in August

Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY) was the target of a large decrease in short interest in the month of August. As of August 15th, there was short interest totalling 300 shares, a decrease of 75.0% from the July 31st total of 1,200 shares. Based on an average daily volume of 50,700 shares, the days-to-cover ratio is currently 0.0 days.

Alchemy Investments Acquisition Corp 1 Stock Down 0.3 %

Shares of NASDAQ ALCY traded down $0.03 during midday trading on Tuesday, hitting $10.82. The company had a trading volume of 4,705 shares, compared to its average volume of 49,902. Alchemy Investments Acquisition Corp 1 has a twelve month low of $10.28 and a twelve month high of $11.85. The business has a 50-day simple moving average of $10.77 and a two-hundred day simple moving average of $10.67.

Institutional Investors Weigh In On Alchemy Investments Acquisition Corp 1

Institutional investors have recently modified their holdings of the company. Kim LLC raised its holdings in Alchemy Investments Acquisition Corp 1 by 102.5% during the fourth quarter. Kim LLC now owns 405,000 shares of the company’s stock worth $4,295,000 after purchasing an additional 205,000 shares during the last quarter. Wolverine Asset Management LLC increased its holdings in Alchemy Investments Acquisition Corp 1 by 235.0% during the 2nd quarter. Wolverine Asset Management LLC now owns 334,982 shares of the company’s stock valued at $3,591,000 after acquiring an additional 234,982 shares in the last quarter. Berkley W R Corp acquired a new position in Alchemy Investments Acquisition Corp 1 during the second quarter worth about $3,269,000. Cohanzick Management LLC lifted its holdings in shares of Alchemy Investments Acquisition Corp 1 by 28.6% in the fourth quarter. Cohanzick Management LLC now owns 303,634 shares of the company’s stock valued at $3,167,000 after purchasing an additional 67,514 shares in the last quarter. Finally, Wealthspring Capital LLC grew its position in shares of Alchemy Investments Acquisition Corp 1 by 11.1% in 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 last quarter. 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.