Polar Asset Management Partners Inc. Sells 300,000 Shares of Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY)

Polar Asset Management Partners Inc. lessened its holdings in Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY) by 75.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 100,000 shares of the company’s stock after selling 300,000 shares during the period. Polar Asset Management Partners Inc. owned about 2.21% of Alchemy Investments Acquisition Corp 1 worth $1,094,000 at the end of the most recent quarter.

Separately, Decagon Asset Management LLP bought a new position in Alchemy Investments Acquisition Corp 1 during the 4th quarter valued at $143,000. Hedge funds and other institutional investors own 92.46% of the company’s stock.

Alchemy Investments Acquisition Corp 1 Stock Up 0.0%

Shares of ALCY stock opened at $11.49 on Wednesday. Alchemy Investments Acquisition Corp 1 has a 52-week low of $10.67 and a 52-week high of $13.14. The company has a 50-day simple moving average of $11.52 and a two-hundred day simple moving average of $11.24.

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.