Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY) Trading Up 0.3%

Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY) shares shot up 0.3% during mid-day trading on Monday . The company traded as high as $10.85 and last traded at $10.85. 633,954 shares were traded during mid-day trading, an increase of 1,162% from the average session volume of 50,216 shares. The stock had previously closed at $10.82.

Alchemy Investments Acquisition Corp 1 Stock Up 0.3 %

The company’s 50 day moving average is $10.77 and its 200 day moving average is $10.67.

Institutional Investors Weigh In On Alchemy Investments Acquisition Corp 1

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Berkley W R Corp purchased a new position in Alchemy Investments Acquisition Corp 1 in the 2nd quarter valued at approximately $3,269,000. Wolverine Asset Management LLC increased its position in shares of Alchemy Investments Acquisition Corp 1 by 235.0% in the second quarter. Wolverine Asset Management LLC now owns 334,982 shares of the company’s stock valued at $3,591,000 after buying an additional 234,982 shares in the last quarter. Virtu Financial LLC acquired a new position in shares of Alchemy Investments Acquisition Corp 1 during the 1st quarter worth $368,000. Condor Capital Management boosted its position in shares of Alchemy Investments Acquisition Corp 1 by 19.7% in the 1st quarter. Condor Capital Management now owns 19,647 shares of the company’s stock worth $208,000 after buying an additional 3,237 shares in the last quarter. Finally, Wealthspring Capital LLC boosted its position in shares of Alchemy Investments Acquisition Corp 1 by 11.1% in the 1st quarter. Wealthspring Capital LLC now owns 215,845 shares of the company’s stock worth $2,284,000 after buying an additional 21,557 shares in the last quarter. 92.46% of the stock is currently owned by institutional investors and hedge funds.

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.