Churchill Capital Corp IX – Warrant (NASDAQ:CCIXW) Short Interest Up 118.2% in October

Churchill Capital Corp IX – Warrant (NASDAQ:CCIXW) was the target of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 2,400 shares, an increase of 118.2% from the September 30th total of 1,100 shares. Based on an average trading volume of 23,200 shares, the days-to-cover ratio is presently 0.1 days. Based on an average trading volume of 23,200 shares, the days-to-cover ratio is presently 0.1 days.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Churchill Capital Corp IX – Warrant in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has an average rating of “Sell”.

Churchill Capital Corp IX – Warrant Trading Down 2.8%

NASDAQ:CCIXW opened at $1.06 on Friday. Churchill Capital Corp IX – Warrant has a one year low of $0.28 and a one year high of $1.80. The stock has a 50-day simple moving average of $0.91 and a 200 day simple moving average of $0.91.