Short Interest in Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY) Declines By 12.5%

Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY - Get Free Report) was the target of a large decrease in short interest during the month of April. As of April 30th, there was short interest totalling 2,100 shares, a decrease of 12.5% from the April 15th total of 2,400 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 47,500 shares, the short-interest ratio is presently 0.0 days.

Institutional Investors Weigh In On Alchemy Investments Acquisition Corp 1

Several large investors have recently modified their holdings of the company. Condor Capital Management grew its holdings in Alchemy Investments Acquisition Corp 1 by 19.7% during the 1st quarter. Condor Capital Management now owns 19,647 shares of the company's stock worth $208,000 after acquiring an additional 3,237 shares during the period. Robinson Capital Management LLC grew its stake in Alchemy Investments Acquisition Corp 1 by 594.6% during the fourth quarter. Robinson Capital Management LLC now owns 13,892 shares of the company's stock worth $145,000 after purchasing an additional 11,892 shares during the period. Wealthspring Capital LLC lifted its stake in Alchemy Investments Acquisition Corp 1 by 11.1% in the first quarter. Wealthspring Capital LLC now owns 215,845 shares of the company's stock valued at $2,284,000 after buying an additional 21,557 shares during the period. GABELLI & Co INVESTMENT ADVISERS INC. acquired a new stake in shares of Alchemy Investments Acquisition Corp 1 during the 4th quarter worth approximately $251,000. Finally, Capstone Investment Advisors LLC bought a new stake in shares of Alchemy Investments Acquisition Corp 1 in the 4th quarter valued at $261,000. 92.46% of the stock is currently owned by institutional investors and hedge funds.

Alchemy Investments Acquisition Corp 1 Stock Performance

Shares of NASDAQ:ALCY traded down $0.01 during midday trading on Tuesday, hitting $10.64. 1,928 shares of the stock were exchanged, compared to its average volume of 45,404. The business's 50-day moving average price is $10.60 and its 200 day moving average price is $10.51. 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.