AQR Arbitrage LLC Sells 713,878 Shares of Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY)

AQR Arbitrage LLC lessened its holdings in shares of Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY - Free Report) by 88.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 89,619 shares of the company's stock after selling 713,878 shares during the quarter. AQR Arbitrage LLC owned about 1.98% of Alchemy Investments Acquisition Corp 1 worth $981,000 at the end of the most recent quarter.

Separately, Decagon Asset Management LLP purchased a new position in shares of Alchemy Investments Acquisition Corp 1 in the fourth quarter valued at about $143,000. 92.46% of the stock is currently owned by institutional investors and hedge funds.

Alchemy Investments Acquisition Corp 1 Trading Down 1.0 %

NASDAQ ALCY traded down $0.12 on Wednesday, hitting $11.55. The company's stock had a trading volume of 320 shares, compared to its average volume of 43,380. The company's 50-day simple moving average is $11.40 and its 200 day simple moving average is $11.17. Alchemy Investments Acquisition Corp 1 has a 52-week low of $10.62 and a 52-week high of $13.14.

Alchemy Investments Acquisition Corp 1 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.