Churchill Capital Corp XII (NASDAQ:CXII) Sees Significant Increase in Short Interest

Churchill Capital Corp XII (NASDAQ:CXII) was the target of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 21,599 shares, a growth of 819.9% from the June 30th total of 2,348 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 123,504 shares, the days-to-cover ratio is presently 0.2 days.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen upgraded Churchill Capital Corp XII to a “hold” rating in a research report on Saturday, July 4th.

Churchill Capital Corp XII Stock Performance

Shares of CXII traded up $0.07 during mid-day trading on Friday, reaching $10.85. The company’s stock had a trading volume of 30,157 shares, compared to its average volume of 126,777. Churchill Capital Corp XII has a 52 week low of $10.05 and a 52 week high of $10.86.