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

Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY - Get Free Report) was the target of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 2,400 shares, a growth of 33.3% from the March 31st total of 1,800 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 41,600 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On Alchemy Investments Acquisition Corp 1

Several institutional investors have recently bought and sold shares of the business. Schechter Investment Advisors LLC bought a new stake in shares of Alchemy Investments Acquisition Corp 1 in the 4th quarter worth about $10,424,000. Periscope Capital Inc. bought a new stake in shares of Alchemy Investments Acquisition Corp 1 in the 3rd quarter worth about $6,749,000. Picton Mahoney Asset Management purchased a new position in Alchemy Investments Acquisition Corp 1 in the 3rd quarter worth about $6,202,000. HGC Investment Management Inc. purchased a new position in Alchemy Investments Acquisition Corp 1 in the 4th quarter worth about $5,379,000. Finally, Westchester Capital Management LLC purchased a new position in Alchemy Investments Acquisition Corp 1 in the 3rd quarter worth about $4,644,000. Institutional investors own 92.46% of the company's stock.

Alchemy Investments Acquisition Corp 1 Price Performance

ALCY stock traded up $0.01 during trading on Friday, hitting $10.63. 233,224 shares of the company's stock traded hands, compared to its average volume of 35,437. Alchemy Investments Acquisition Corp 1 has a 52 week low of $10.17 and a 52 week high of $11.85. The business has a fifty day simple moving average of $10.58 and a 200 day simple moving average of $10.49.

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.