Short Interest in Churchill Capital Corp XI (NASDAQ:CCXI) Drops By 38.3%

Churchill Capital Corp XI (NASDAQ:CCXI) was the recipient of a significant decline in short interest during the month of April. As of April 30th, there was short interest totaling 1,661 shares, a decline of 38.3% from the April 15th total of 2,693 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 43,320 shares, the days-to-cover ratio is currently 0.0 days.

Churchill Capital Corp XI Stock Down 0.4%

Shares of CCXI stock opened at $10.24 on Tuesday. The firm has a market cap of $730.69 million, a P/E ratio of -5.42 and a beta of 1.22. Churchill Capital Corp XI has a 1 year low of $10.07 and a 1 year high of $11.00.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings began coverage on Churchill Capital Corp XI in a report on Wednesday, May 6th. They set a “sell (e)” rating for the company. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.

Churchill Capital Corp XI Company Profile

Churchill Capital Corp XI is a blank check company.