Churchill Capital Corp IX – Warrant (NASDAQ:CCIXW) Short Interest Up 51.4% in January

Churchill Capital Corp IX – Warrant (NASDAQ:CCIXW) was the recipient of a significant increase in short interest in January. As of January 30th, there was short interest totaling 3,542 shares, an increase of 51.4% from the January 15th total of 2,339 shares. Based on an average daily trading volume, of 37,622 shares, the short-interest ratio is currently 0.1 days. Based on an average daily trading volume, of 37,622 shares, the short-interest ratio is currently 0.1 days.

Churchill Capital Corp IX – Warrant Trading Up 14.5%

Churchill Capital Corp IX – Warrant stock traded up $0.07 during mid-day trading on Friday, hitting $0.58. The company’s stock had a trading volume of 1,324 shares, compared to its average volume of 22,811. The stock’s fifty day moving average is $0.78 and its two-hundred day moving average is $0.84. Churchill Capital Corp IX – Warrant has a 1 year low of $0.45 and a 1 year high of $1.80.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Churchill Capital Corp IX – Warrant in a research report on Wednesday, January 21st. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Churchill Capital Corp IX – Warrant presently has a consensus rating of “Sell”.

Churchill Capital Corp IX (NASDAQ: CCIXW) is a special purpose acquisition company, commonly known as a SPAC, incorporated in Delaware and headquartered in New York. Founded in 2021, the firm was sponsored by an affiliate of Churchill Capital Corp, a series of SPACs led by financier Michael Klein. The company’s primary objective is to identify, acquire, and combine with one or more businesses in industries such as technology, consumer products, healthcare, and sustainability, with the goal of taking the merged entity public through the SPAC vehicle.

CCIXW represents the warrants issued to investors in connection with Churchill Capital Corp IX’s initial public offering.