Churchill Capital Corp IX/Cayman (NASDAQ:CCIXU – Get Free Report) saw a large drop in short interest in the month of July. As of July 31st, there was short interest totalling 12,100 shares, a drop of 6.9% from the July 15th total of 13,000 shares. Based on an average trading volume of 33,500 shares, the days-to-cover ratio is currently 0.4 days.
Institutional Trading of Churchill Capital Corp IX/Cayman
Several large investors have recently added to or reduced their stakes in CCIXU. CVI Holdings LLC bought a new stake in shares of Churchill Capital Corp IX/Cayman during the second quarter worth $494,000. Driehaus Capital Management LLC bought a new stake in Churchill Capital Corp IX/Cayman during the 2nd quarter worth about $506,000. Levin Capital Strategies L.P. acquired a new stake in Churchill Capital Corp IX/Cayman in the 2nd quarter valued at about $556,000. Gabelli Funds LLC acquired a new stake in Churchill Capital Corp IX/Cayman in the 2nd quarter valued at about $598,000. Finally, Clear Street LLC bought a new position in shares of Churchill Capital Corp IX/Cayman in the second quarter worth about $698,000.
Churchill Capital Corp IX/Cayman Price Performance
NASDAQ CCIXU opened at $10.14 on Wednesday. Churchill Capital Corp IX/Cayman has a 1-year low of $10.05 and a 1-year high of $10.45.
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.
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