AQR Arbitrage LLC Reduces Holdings in Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY)

AQR Arbitrage LLC lessened its holdings in shares of Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY) by 88.8% during the 4th quarter, HoldingsChannel reports. The fund owned 89,619 shares of the company’s stock after selling 713,878 shares during the quarter. AQR Arbitrage LLC’s holdings in Alchemy Investments Acquisition Corp 1 were worth $981,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, Decagon Asset Management LLP purchased a new position in Alchemy Investments Acquisition Corp 1 during the fourth quarter valued at approximately $143,000. Institutional investors own 92.46% of the company’s stock.

Alchemy Investments Acquisition Corp 1 Trading Up 3.3 %

ALCY opened at $11.78 on Friday. The company has a 50 day simple moving average of $11.37 and a two-hundred day simple moving average of $11.15. Alchemy Investments Acquisition Corp 1 has a 1-year low of $10.62 and a 1-year high of $13.14.

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.