Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY) Sees Large Increase in Short Interest

Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY) saw a significant growth in short interest in 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. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 41,600 shares, the days-to-cover ratio is currently 0.1 days.

Hedge Funds Weigh In On Alchemy Investments Acquisition Corp 1

A number of large investors have recently made changes to their positions in the company. Wealthspring Capital LLC grew its holdings in 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 valued at $2,284,000 after buying an additional 21,557 shares in the last quarter. HGC Investment Management Inc. bought a new stake in shares of Alchemy Investments Acquisition Corp 1 in the fourth quarter valued at about $5,379,000. GABELLI & Co INVESTMENT ADVISERS INC. acquired a new position in shares of Alchemy Investments Acquisition Corp 1 in the fourth quarter valued at about $251,000. Cohanzick Management LLC increased its position in Alchemy Investments Acquisition Corp 1 by 28.6% during the fourth quarter. Cohanzick Management LLC now owns 303,634 shares of the company’s stock worth $3,167,000 after acquiring an additional 67,514 shares during the period. Finally, Alberta Investment Management Corp bought a new stake in Alchemy Investments Acquisition Corp 1 in the 4th quarter valued at about $1,064,000. Institutional investors own 92.46% of the company’s stock.

Alchemy Investments Acquisition Corp 1 Stock Up 0.1 %

Shares of ALCY stock opened at $10.63 on Monday. Alchemy Investments Acquisition Corp 1 has a 52 week low of $10.17 and a 52 week high of $11.85. The company has a 50-day simple moving average of $10.58 and a 200 day simple moving average of $10.49.

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.