Shares of Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY – Get Free Report) dropped 0.1% on Friday . The company traded as low as $10.60 and last traded at $10.60. Approximately 42,408 shares were traded during 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’s 50-day moving average price is $10.57 and its two-hundred day moving average price is $10.48.
Institutional Trading of Alchemy Investments Acquisition Corp 1
A number of large investors have recently made changes to their positions in ALCY. Robinson Capital Management LLC increased its position 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 buying an additional 11,892 shares during the period. Condor Capital Management acquired a new position in Alchemy Investments Acquisition Corp 1 in the fourth quarter valued at $171,000. GABELLI & Co INVESTMENT ADVISERS INC. acquired a new position in Alchemy Investments Acquisition Corp 1 in the fourth quarter valued at $251,000. Capstone Investment Advisors LLC purchased a new stake in shares of Alchemy Investments Acquisition Corp 1 in the fourth quarter valued at about $261,000. Finally, Gabelli Funds LLC acquired a new stake in shares of Alchemy Investments Acquisition Corp 1 during the fourth quarter worth about $270,000. 92.46% of the stock is owned by institutional investors and hedge funds.
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.
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