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

Churchill Capital Corp IX/Cayman (NASDAQ:CCIXU) was the recipient of a significant decrease in short interest in November. As of November 15th, there was short interest totalling 1,400 shares, a decrease of 30.0% from the October 31st total of 2,000 shares. Based on an average daily trading volume, of 12,500 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On Churchill Capital Corp IX/Cayman

Several institutional investors and hedge funds have recently bought and sold shares of CCIXU. CVI Holdings LLC acquired a new position in shares of Churchill Capital Corp IX/Cayman during the second quarter valued at $494,000. Driehaus Capital Management LLC bought a new position in Churchill Capital Corp IX/Cayman in the 2nd quarter worth about $506,000. Levin Capital Strategies L.P. acquired a new stake in shares of Churchill Capital Corp IX/Cayman in the second quarter valued at approximately $556,000. Gabelli Funds LLC bought a new stake in shares of Churchill Capital Corp IX/Cayman during the second quarter valued at approximately $598,000. Finally, Clear Street LLC acquired a new position in shares of Churchill Capital Corp IX/Cayman during the second quarter worth approximately $698,000.

Churchill Capital Corp IX/Cayman Stock Performance

Churchill Capital Corp IX/Cayman stock remained flat at $10.40 during mid-day trading on Friday. 444 shares of the company’s stock were exchanged, compared to its average volume of 69,463. The stock has a fifty day moving average price of $10.18. Churchill Capital Corp IX/Cayman has a 1 year low of $10.05 and a 1 year high of $10.51.

Churchill Capital Corp IX/Cayman Company Profile

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.