Churchill Capital Corp IX/Cayman (NASDAQ:CCIXU) Short Interest Update

Churchill Capital Corp IX/Cayman (NASDAQ:CCIXUGet Free Report) was the recipient of a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 192 shares, a drop of 89.0% from the June 30th total of 1,748 shares. Based on an average daily volume of 125 shares, the short-interest ratio is presently 1.5 days.

Institutional Trading of Churchill Capital Corp IX/Cayman

A hedge fund recently raised its stake in Churchill Capital Corp IX/Cayman stock. Clear Street Group Inc. increased its holdings in shares of Churchill Capital Corp IX/Cayman (NASDAQ:CCIXUFree Report) by 39.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 8,888 shares of the company’s stock after acquiring an additional 2,531 shares during the period. Clear Street Group Inc.’s holdings in Churchill Capital Corp IX/Cayman were worth $95,000 as of its most recent SEC filing.

Churchill Capital Corp IX/Cayman Stock Performance

CCIXU remained flat at $10.81 during trading on Friday. The business has a fifty day moving average price of $10.97 and a two-hundred day moving average price of $10.79. Churchill Capital Corp IX/Cayman has a one year low of $10.50 and a one year high of $14.00.

Churchill Capital Corp IX/Cayman Company Profile

(Get Free Report)

Churchill Capital Corp IX/Cayman (NASDAQ: CCIXU) is a special purpose acquisition company (SPAC) organized under the laws of the Cayman Islands. The blank-check company’s primary objective is to effect a business combination with one or more operating businesses or assets, with a particular focus on sectors positioned for rapid growth and innovation. Units of the SPAC trade publicly on the NASDAQ under the ticker CCIXU, providing investors with exposure to its search for an attractive merger candidate.

Sponsored by Churchill Capital Corp, the SPAC series founded and led by Michael Klein—formerly a senior investment banker at Citigroup—Churchill Capital Corp IX aims to leverage its sponsors’ capital markets expertise and industry relationships.

Further Reading

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