Churchill Capital Corp IX/Cayman (NASDAQ:CCIXU) Short Interest Down 73.0% in October

Churchill Capital Corp IX/Cayman (NASDAQ:CCIXU) was the target of a large decline in short interest in October. As of October 31st, there was short interest totalling 2,000 shares, a decline of 73.0% from the October 15th total of 7,400 shares. Based on an average daily volume of 12,500 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Investors Weigh In On Churchill Capital Corp IX/Cayman

Institutional investors have recently added to or reduced their stakes in the stock. CVI Holdings LLC purchased a new position in Churchill Capital Corp IX/Cayman in the second quarter worth $494,000. Driehaus Capital Management LLC purchased a new position in Churchill Capital Corp IX/Cayman during the 2nd quarter worth $506,000. Levin Capital Strategies L.P. acquired a new position in Churchill Capital Corp IX/Cayman during the 2nd quarter valued at about $556,000. Gabelli Funds LLC purchased a new stake in Churchill Capital Corp IX/Cayman in the second quarter valued at about $598,000. Finally, Clear Street LLC acquired a new stake in Churchill Capital Corp IX/Cayman in the second quarter worth about $698,000.

Churchill Capital Corp IX/Cayman Price Performance

NASDAQ:CCIXU remained flat at $10.20 during trading hours on Wednesday. Churchill Capital Corp IX/Cayman has a one year low of $10.05 and a one year high of $10.45. The firm has a 50 day moving average of $10.14.

About Churchill Capital Corp IX/Cayman

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.