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

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

Institutional Trading of Alchemy Investments Acquisition Corp 1

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ALCY. Schechter Investment Advisors LLC acquired a new stake in Alchemy Investments Acquisition Corp 1 during the 4th quarter worth $10,424,000. Periscope Capital Inc. acquired a new stake in Alchemy Investments Acquisition Corp 1 in the third quarter valued at $6,749,000. Picton Mahoney Asset Management bought a new position in Alchemy Investments Acquisition Corp 1 during the 3rd quarter valued at $6,202,000. HGC Investment Management Inc. bought a new position in Alchemy Investments Acquisition Corp 1 during the 4th quarter valued at $5,379,000. Finally, Westchester Capital Management LLC acquired a new position in Alchemy Investments Acquisition Corp 1 during the 3rd quarter worth $4,644,000. Hedge funds and other institutional investors own 92.46% of the company’s stock.

Alchemy Investments Acquisition Corp 1 Price Performance

Shares of NASDAQ:ALCY opened at $10.58 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 has a 50-day moving average price of $10.56 and a 200 day moving average price of $10.45.

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.