Churchill Capital Corp X/Cayman (NASDAQ:CCCXU) Short Interest Update

Churchill Capital Corp X/Cayman (NASDAQ:CCCXU) saw a large decrease in short interest in the month of January. As of January 15th, there was short interest totaling 109 shares, a decrease of 63.8% from the December 31st total of 301 shares. Based on an average trading volume of 1,523 shares, the days-to-cover ratio is presently 0.1 days. Based on an average trading volume of 1,523 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of Churchill Capital Corp X/Cayman

A number of institutional investors have recently modified their holdings of CCCXU. Clear Street Group Inc. purchased a new position in Churchill Capital Corp X/Cayman in the 3rd quarter valued at approximately $51,000. Tuttle Capital Management LLC bought a new position in shares of Churchill Capital Corp X/Cayman in the second quarter worth $206,000. Sandia Investment Management LP bought a new stake in shares of Churchill Capital Corp X/Cayman during the 2nd quarter valued at $206,000. Boothbay Fund Management LLC purchased a new stake in Churchill Capital Corp X/Cayman during the 2nd quarter worth about $258,000. Finally, Levin Capital Strategies L.P. bought a new position in Churchill Capital Corp X/Cayman in the 2nd quarter worth about $317,000.

Churchill Capital Corp X/Cayman Stock Performance

Shares of Churchill Capital Corp X/Cayman stock opened at $18.60 on Wednesday. Churchill Capital Corp X/Cayman has a 52-week low of $10.22 and a 52-week high of $31.05. The stock’s 50-day simple moving average is $17.81 and its 200 day simple moving average is $15.73.

Churchill Capital Corp X/Cayman Company Profile

Churchill Capital Corp X/Cayman (NASDAQ: CCCXU) is a special purpose acquisition company (SPAC) incorporated in the Cayman Islands. The company launched its initial public offering in July 2021, offering units composed of one ordinary share and one-third of one warrant. With no operating business at inception, Churchill Capital Corp XU is structured to raise capital through the public markets and to seek an acquisition or merger within a specified timeframe.

The SPAC’s focus is on identifying business combinations in industries poised for significant expansion, including financial services, fintech, digital assets and technology.