Churchill Capital Corp XI Units (NASDAQ:CCXIU – Get Free Report) was the recipient of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 1,650 shares, a decrease of 37.5% from the August 31st total of 2,642 shares. Based on an average trading volume of 3,936 shares, the short-interest ratio is presently 0.4 days.
Institutional Trading of Churchill Capital Corp XI Units
A number of institutional investors and hedge funds have recently added to or reduced their stakes in CCXIU. SkyView Investment Advisors LLC purchased a new position in Churchill Capital Corp XI Units during the 2nd quarter valued at $1,309,000. BlueCrest Capital Management Ltd lifted its position in shares of Churchill Capital Corp XI Units by 383.3% in the 2nd quarter. BlueCrest Capital Management Ltd now owns 2,416,396 shares of the company’s stock worth $41,664,000 after purchasing an additional 1,916,396 shares during the period. Finally, FirstWave Capital Management LLC purchased a new stake in shares of Churchill Capital Corp XI Units in the 2nd quarter worth about $1,113,000.
Churchill Capital Corp XI Units Trading Up 2.0%
NASDAQ CCXIU opened at $12.50 on Friday. Churchill Capital Corp XI Units has a fifty-two week low of $10.15 and a fifty-two week high of $21.88. The stock has a 50 day simple moving average of $14.80 and a two-hundred day simple moving average of $12.80.
About Churchill Capital Corp XI Units
Churchill Capital Corp XI is a special purpose acquisition company, or SPAC, formed to identify and complete a business combination with an operating company. The company does not have significant operating activities of its own and was established to pursue a merger, acquisition, share exchange, or similar transaction.
Its publicly traded units, listed under the ticker CCXIU on the Nasdaq Stock Market, represent securities issued in connection with the company’s initial public offering.
See Also
- Five stocks we like better than Churchill Capital Corp XI Units
- Why Concentra’s Quiet Healthcare Business Keeps Winning
- Inhibrx’s Insider Buying Adds Fuel to a High-Short-Interest Biotech Setup
- Alamos Gold’s 1 Million-Ounce Growth Story Is Hiding in Plain Sight
- Everyone in AI Is Quietly Copying Palantir’s Playbook
Receive News & Ratings for Churchill Capital Corp XI Units Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Churchill Capital Corp XI Units and related companies with MarketBeat.com's FREE daily email newsletter.
