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

Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY) was the recipient of a significant growth in short interest in November. As of November 30th, there was short interest totalling 1,100 shares, a growth of 1,000.0% from the November 15th total of 100 shares. Based on an average daily trading volume, of 38,600 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.

Institutional Investors Weigh In On Alchemy Investments Acquisition Corp 1

A number of hedge funds have recently bought and sold shares of ALCY. Healthcare of Ontario Pension Plan Trust Fund bought a new position in shares of Alchemy Investments Acquisition Corp 1 during the 3rd quarter valued at approximately $1,088,000. Berkley W R Corp increased 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 valued at $6,467,000 after acquiring an additional 290,312 shares during the last quarter. Wolverine Asset Management LLC raised its stake in shares of 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 acquiring an additional 234,982 shares during the period. Finally, Mizuho Securities USA LLC lifted its holdings in shares of Alchemy Investments Acquisition Corp 1 by 228.2% in the 3rd quarter. Mizuho Securities USA LLC now owns 939,737 shares of the company’s stock worth $10,187,000 after acquiring an additional 653,388 shares during the last quarter. Hedge funds and other institutional investors own 92.46% of the company’s stock.

Alchemy Investments Acquisition Corp 1 Trading Down 0.2 %

NASDAQ:ALCY opened at $11.00 on Friday. The business’s 50-day moving average is $11.02 and its 200 day moving average is $10.86. Alchemy Investments Acquisition Corp 1 has a 12 month low of $10.41 and a 12 month 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.