Churchill Capital Corp XII (NASDAQ:CXII) Sees Significant Growth in Short Interest

by · The Markets Daily

Churchill Capital Corp XII (NASDAQ:CXII – Get Free Report) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 11,885 shares, a growth of 158.0% from the August 15th total of 4,606 shares. Based on an average trading volume of 81,484 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

Churchill Capital Corp XII Stock Performance

Shares of NASDAQ CXII opened at $10.78 on Friday. The company has a 50-day simple moving average of $10.74. Churchill Capital Corp XII has a 52 week low of $10.05 and a 52 week high of $10.90.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on CXII. Wall Street Zen raised shares of Churchill Capital Corp XII to a “hold” rating in a research note on Saturday, July 4th. Weiss Ratings assumed coverage on Churchill Capital Corp XII in a research note on Friday. They issued a “sell (e)” rating for the company. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has an average rating of “Sell”.

View Our Latest Analysis on Churchill Capital Corp XII

About Churchill Capital Corp XII

(Get Free Report)

Churchill Capital Corp XII is a blank check company. It 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. Churchill Capital Corp XII is based in New York.

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