Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY) Trading Down 0.1%

Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY) shares dropped 0.1% during trading on Friday . The company traded as low as $10.60 and last traded at $10.60. Approximately 42,408 shares traded hands during mid-day trading, a decline of 7% from the average daily volume of 45,431 shares. The stock had previously closed at $10.62.

Alchemy Investments Acquisition Corp 1 Trading Down 0.1 %

The firm has a 50-day moving average price of $10.57 and a 200 day moving average price of $10.48.

Institutional Investors Weigh In On Alchemy Investments Acquisition Corp 1

Hedge funds have recently made changes to their positions in the business. Robinson Capital Management LLC grew its holdings in Alchemy Investments Acquisition Corp 1 by 594.6% in the 4th 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 purchased a new stake in Alchemy Investments Acquisition Corp 1 in the 4th quarter worth approximately $171,000. Wealthspring Capital LLC lifted 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 worth $2,284,000 after buying an additional 21,557 shares during the period. GABELLI & Co INVESTMENT ADVISERS INC. bought a new stake in shares of Alchemy Investments Acquisition Corp 1 in the 4th quarter worth approximately $251,000. Finally, Capstone Investment Advisors LLC purchased a new position in shares of Alchemy Investments Acquisition Corp 1 during the fourth quarter valued at approximately $261,000. 92.46% of the stock is currently owned by institutional investors.

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.