Churchill Capital Corp XI (NASDAQ:CCXI) Sees Significant Decrease in Short Interest

Churchill Capital Corp XI (NASDAQ:CCXI) was the target of a large decline in short interest during the month of April. As of April 30th, there was short interest totaling 1,661 shares, a decline of 38.3% from the April 15th total of 2,693 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 43,320 shares, the days-to-cover ratio is currently 0.0 days.

Analysts Set New Price Targets

Separately, Weiss Ratings initiated coverage on Churchill Capital Corp XI in a report on Wednesday, May 6th. They issued a “sell (e)” rating on the stock. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Churchill Capital Corp XI has a consensus rating of “Sell”.

Churchill Capital Corp XI Stock Performance

NASDAQ CCXI traded down $0.03 on Friday, hitting $10.22. 1,156 shares of the stock were exchanged, compared to its average volume of 20,341. Churchill Capital Corp XI has a 52-week low of $10.07 and a 52-week high of $11.00. The stock has a market cap of $728.90 million, a price-to-earnings ratio of -5.40 and a beta of 1.22.

Churchill Capital Corp XI Company Profile

Churchill Capital Corp XI is a blank check company.