Churchill Capital Corp X/Cayman (NASDAQ:CCCXU) Sees Large Growth in Short Interest

Churchill Capital Corp X/Cayman (NASDAQ:CCCXU) saw a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 5,500 shares, a growth of 685.7% from the August 31st total of 700 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 51,300 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 51,300 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Churchill Capital Corp X/Cayman Trading Up 2.2%

Shares of Churchill Capital Corp X/Cayman stock opened at $14.20 on Friday. The business has a 50-day simple moving average of $11.12. Churchill Capital Corp X/Cayman has a 52 week low of $10.22 and a 52 week high of $14.75.

Analysts Set New Price Targets

Separately, Wall Street Zen raised Churchill Capital Corp X/Cayman to a “hold” rating in a report on Saturday, June 7th.

Institutional Investors Weigh In On Churchill Capital Corp X/Cayman

Hedge funds and other institutional investors have recently bought and sold shares of the business. Tuttle Capital Management LLC bought a new stake in Churchill Capital Corp X/Cayman in the second quarter worth about $206,000. Sandia Investment Management LP bought a new stake in Churchill Capital Corp X/Cayman in the second quarter worth about $206,000. Boothbay Fund Management LLC bought a new stake in Churchill Capital Corp X/Cayman in the second quarter worth about $258,000. Levin Capital Strategies L.P. bought a new stake in Churchill Capital Corp X/Cayman in the second quarter worth about $317,000. Finally, Clear Street LLC bought a new stake in Churchill Capital Corp X/Cayman in the second quarter worth about $543,000.

About Churchill Capital Corp X/Cayman

We are a blank check company incorporated as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination.