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

Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY) was the target of a significant increase in short interest in March. As of March 15th, there was short interest totalling 1,800 shares, an increase of 157.1% from the February 29th total of 700 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 38,100 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Trading of Alchemy Investments Acquisition Corp 1

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Robinson Capital Management LLC boosted its holdings in Alchemy Investments Acquisition Corp 1 by 594.6% in the fourth quarter. Robinson Capital Management LLC now owns 13,892 shares of the company’s stock worth $145,000 after acquiring an additional 11,892 shares in the last quarter. Condor Capital Management bought a new position in shares of Alchemy Investments Acquisition Corp 1 in the 4th quarter worth $171,000. GABELLI & Co INVESTMENT ADVISERS INC. bought a new stake in Alchemy Investments Acquisition Corp 1 during the 4th quarter valued at $251,000. Capstone Investment Advisors LLC acquired a new position in Alchemy Investments Acquisition Corp 1 during the fourth quarter worth $261,000. Finally, Gabelli Funds LLC bought a new position in shares of Alchemy Investments Acquisition Corp 1 in the fourth quarter valued at $270,000. 92.46% of the stock is owned by institutional investors.

Alchemy Investments Acquisition Corp 1 Stock Performance

NASDAQ:ALCY opened at $10.58 on Friday. The firm has a fifty day simple moving average of $10.56 and a two-hundred day simple moving average of $10.45. Alchemy Investments Acquisition Corp 1 has a 12 month low of $10.17 and a 12 month high of $11.85.

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.