Churchill Capital Corp IX/Cayman (NASDAQ:CCIXU) Short Interest Update

Churchill Capital Corp IX/Cayman (NASDAQ:CCIXU) was the target of a significant drop in short interest during the month of October. As of October 31st, there was short interest totalling 2,000 shares, a drop of 73.0% from the October 15th total of 7,400 shares. Based on an average daily volume of 12,500 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. CVI Holdings LLC acquired a new stake in shares of Churchill Capital Corp IX/Cayman during the second quarter worth $494,000. Driehaus Capital Management LLC bought a new stake in Churchill Capital Corp IX/Cayman in the second quarter worth $506,000. Levin Capital Strategies L.P. bought a new stake in Churchill Capital Corp IX/Cayman in the second quarter valued at about $556,000. Gabelli Funds LLC bought a new stake in shares of Churchill Capital Corp IX/Cayman during the second quarter valued at approximately $598,000. Finally, Clear Street LLC acquired a new stake in Churchill Capital Corp IX/Cayman in the second quarter worth $698,000.

Churchill Capital Corp IX/Cayman Price Performance

NASDAQ:CCIXU remained flat at $10.20 during mid-day trading on Tuesday. Churchill Capital Corp IX/Cayman has a 12-month low of $10.05 and a 12-month high of $10.45. The business’s 50 day moving average is $10.14.

About Churchill Capital Corp IX/Cayman

We are a blank check company incorporated as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination.