Wealthspring Capital LLC Decreases Stake in Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY)

Wealthspring Capital LLC lessened its stake in shares of Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY) by 19.0% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 174,808 shares of the company’s stock after selling 41,000 shares during the quarter. Alchemy Investments Acquisition Corp 1 makes up approximately 2.4% of Wealthspring Capital LLC’s portfolio, making the stock its 15th biggest position. Wealthspring Capital LLC’s holdings in Alchemy Investments Acquisition Corp 1 were worth $1,900,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Wolverine Asset Management LLC lifted its holdings in Alchemy Investments Acquisition Corp 1 by 235.0% in the 2nd quarter. Wolverine Asset Management LLC now owns 334,982 shares of the company’s stock worth $3,591,000 after buying an additional 234,982 shares during the period. Virtu Financial LLC bought a new position in Alchemy Investments Acquisition Corp 1 in the 1st quarter valued at approximately $368,000. Berkley W R Corp purchased a new stake in shares of Alchemy Investments Acquisition Corp 1 during the 2nd quarter valued at about $3,269,000. Finally, Condor Capital Management grew its holdings in shares of Alchemy Investments Acquisition Corp 1 by 19.7% in the first quarter. Condor Capital Management now owns 19,647 shares of the company’s stock worth $208,000 after acquiring an additional 3,237 shares during the period. Institutional investors own 92.46% of the company’s stock.

Alchemy Investments Acquisition Corp 1 Price Performance

Shares of Alchemy Investments Acquisition Corp 1 stock remained flat at $10.91 on Friday. 93,252 shares of the stock traded hands, compared to its average volume of 55,763. The firm has a 50-day moving average of $10.86 and a 200-day moving average of $10.75. Alchemy Investments Acquisition Corp 1 has a 1-year low of $10.34 and a 1-year high of $11.85.

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.