Churchill Capital Corp XII Units (NASDAQ:CXIIU) Short Interest Update

Churchill Capital Corp XII Units (NASDAQ:CXIIU) was the target of a significant increase in short interest in June. As of June 30th, there was short interest totaling 5,459 shares, an increase of 342.4% from the June 15th total of 1,234 shares. Based on an average daily trading volume, of 36,759 shares, the days-to-cover ratio is currently 0.1 days.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised Churchill Capital Corp XII Units to a “hold” rating in a research report on Saturday, May 2nd.

Churchill Capital Corp XII Units Price Performance

Shares of NASDAQ CXIIU traded up $0.07 during midday trading on Friday, reaching $10.84. The stock had a trading volume of 894 shares, compared to its average volume of 70,185. The business’s 50-day simple moving average is $10.30. Churchill Capital Corp XII Units has a 12-month low of $10.08 and a 12-month high of $11.40.