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

Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY) was the recipient of a significant growth in short interest during the month of June. As of June 30th, there was short interest totalling 1,200 shares, a growth of 300.0% from the June 15th total of 300 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 32,500 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in ALCY. Robinson Capital Management LLC lifted its holdings in shares of 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 during the last quarter. Condor Capital Management bought a new position in Alchemy Investments Acquisition Corp 1 in the 4th quarter valued at approximately $171,000. GABELLI & Co INVESTMENT ADVISERS INC. bought a new position in Alchemy Investments Acquisition Corp 1 in the 4th quarter valued at approximately $251,000. Capstone Investment Advisors LLC bought a new position in Alchemy Investments Acquisition Corp 1 in the 4th quarter valued at approximately $261,000. Finally, Virtu Financial LLC bought a new position in Alchemy Investments Acquisition Corp 1 in the 1st quarter valued at approximately $368,000. Institutional investors own 92.46% of the company’s stock.

Alchemy Investments Acquisition Corp 1 Price Performance

ALCY stock opened at $10.75 on Friday. Alchemy Investments Acquisition Corp 1 has a 12 month low of $10.17 and a 12 month high of $11.85. The firm has a 50-day moving average price of $10.69 and a 200-day moving average price of $10.60.

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.