Wolverine Asset Management LLC Has $972,000 Stake in Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY)

Wolverine Asset Management LLC trimmed its position in Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY) by 1.1% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 87,070 shares of the company’s stock after selling 1,001 shares during the period. Wolverine Asset Management LLC owned approximately 1.92% of Alchemy Investments Acquisition Corp 1 worth $972,000 at the end of the most recent quarter.

Separately, Alpine Global Management LLC acquired a new stake in Alchemy Investments Acquisition Corp 1 in the 4th quarter valued at $1,595,000. Hedge funds and other institutional investors own 92.46% of the company’s stock.

Alchemy Investments Acquisition Corp 1 Price Performance

Shares of NASDAQ:ALCY opened at $11.56 on Friday. The company’s 50-day moving average price is $11.54 and its two-hundred day moving average price is $11.42. Alchemy Investments Acquisition Corp 1 has a one year low of $10.76 and a one year high of $13.14.

Alchemy Investments Acquisition Corp 1 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.