Churchill Capital Corp IX/Cayman (NASDAQ:CCIXU) Sees Significant Growth in Short Interest

Churchill Capital Corp IX/Cayman (NASDAQ:CCIXU) saw a large increase in short interest in the month of November. As of November 30th, there was short interest totalling 6,100 shares, an increase of 335.7% from the November 15th total of 1,400 shares. Based on an average daily trading volume, of 1,700 shares, the short-interest ratio is currently 3.6 days.

Churchill Capital Corp IX/Cayman Stock Performance

CCIXU remained flat at $10.40 on Wednesday. 4 shares of the company traded hands, compared to its average volume of 66,088. The stock’s 50 day moving average price is $10.28. Churchill Capital Corp IX/Cayman has a 52 week low of $10.05 and a 52 week high of $11.72.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Quarry LP bought a new position in Churchill Capital Corp IX/Cayman in the 2nd quarter valued at $1,011,000. Ghisallo Capital Management LLC bought a new position in Churchill Capital Corp IX/Cayman in the 2nd quarter valued at $4,044,000. CVI Holdings LLC bought a new position in Churchill Capital Corp IX/Cayman in the 2nd quarter valued at $494,000. Empyrean Capital Partners LP bought a new position in Churchill Capital Corp IX/Cayman in the 2nd quarter valued at $17,692,000. Finally, Magnetar Financial LLC bought a new position in Churchill Capital Corp IX/Cayman in the 2nd quarter valued at $24,772,000.

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.