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 the month of October. As of October 15th, there was short interest totalling 7,400 shares, a decrease of 26.7% from the September 30th total of 10,100 shares. Based on an average trading volume of 18,900 shares, the short-interest ratio is currently 0.4 days.

Hedge Funds Weigh In On Churchill Capital Corp IX/Cayman

Several hedge funds have recently bought and sold shares of CCIXU. Levin Capital Strategies L.P. acquired a new position in Churchill Capital Corp IX/Cayman in the 2nd quarter valued at about $556,000. Clear Street LLC acquired a new stake in shares of Churchill Capital Corp IX/Cayman during the second quarter worth $698,000. Gabelli Funds LLC purchased a new stake in shares of Churchill Capital Corp IX/Cayman in the second quarter valued at $598,000. Magnetar Financial LLC purchased a new position in Churchill Capital Corp IX/Cayman during the second quarter worth about $24,772,000. Finally, Sandia Investment Management LP acquired a new position in shares of Churchill Capital Corp IX/Cayman during the 2nd quarter valued at about $1,011,000.

Churchill Capital Corp IX/Cayman Trading Down 0.4 %

CCIXU traded down $0.04 on Tuesday, hitting $10.20. 200 shares of the company were exchanged, compared to its average volume of 75,141. The business has a fifty day moving average price of $10.13. Churchill Capital Corp IX/Cayman has a fifty-two week low of $10.05 and a fifty-two week 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.