Churchill Capital Corp. XIII (NASDAQ:XIIIU – Get Free Report) was the target of a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 54,165 shares, a decline of 32.6% from the August 15th total of 80,352 shares. Based on an average daily volume of 51,238 shares, the days-to-cover ratio is presently 1.1 days.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen upgraded shares of Churchill Capital Corp. XIII to a “hold” rating in a research note on Saturday, August 15th.
Read Our Latest Research Report on Churchill Capital Corp. XIII
Churchill Capital Corp. XIII Price Performance
Churchill Capital Corp. XIII Company Profile
Churchill Capital Corp. XIII is a special purpose acquisition company (SPAC) organized to identify and complete a business combination with one or more private companies. The company does not operate a conventional business or offer products and services to customers; its primary purpose is to raise capital through a public offering and use those funds, together with other financing, to acquire or merge with a target business.
Like other SPACs, Churchill Capital Corp. XIII may pursue a merger, share exchange, asset acquisition, stock purchase, reorganization or similar transaction.
Featured Stories
- Five stocks we like better than Churchill Capital Corp. XIII
- This Gold ETF Turns a Non-Yielding Asset Into Monthly Income—But There’s a Catch
- Analysts See Double-Digit Upside for These 3 Stocks
- 3 Luxury Consumer Brands to Watch in a Beaten-Down Sector
- Jackson’s Record Quarter Powers the Bull Case
Receive News & Ratings for Churchill Capital Corp. XIII Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Churchill Capital Corp. XIII and related companies with MarketBeat.com's FREE daily email newsletter.
