Anson Funds Management LP Invests $2.36 Million in Churchill Capital Corp X $CCCX

Anson Funds Management LP purchased a new position in shares of Churchill Capital Corp X (NASDAQ:CCCX) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 183,569 shares of the company’s stock, valued at approximately $2,361,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in CCCX. Group One Trading LLC acquired a new position in Churchill Capital Corp X in the 3rd quarter valued at approximately $52,000. ATW Spac Management LLC acquired a new stake in shares of Churchill Capital Corp X during the 3rd quarter valued at $129,000. MGO One Seven LLC purchased a new position in shares of Churchill Capital Corp X during the 3rd quarter valued at $129,000. Pekin Hardy Strauss Inc. purchased a new position in shares of Churchill Capital Corp X during the 3rd quarter valued at $356,000. Finally, Cookson Peirce & Co. Inc. acquired a new position in shares of Churchill Capital Corp X in the third quarter worth $386,000.

Churchill Capital Corp X Stock Performance

Churchill Capital Corp X stock opened at $13.66 on Friday. Churchill Capital Corp X has a one year low of $10.03 and a one year high of $27.50. The stock’s fifty day simple moving average is $14.90.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Churchill Capital Corp X in a research note on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

Churchill Capital Corp X Company Profile

Churchill Capital Corp X (NASDAQ: CCCX) is a special purpose acquisition company (SPAC), commonly referred to as a blank‑check company, formed to raise capital through an initial public offering for the purpose of effecting one or more business combinations. As a SPAC, it initially holds the proceeds from its public offering in a trust account while management and the sponsor identify and negotiate a potential merger, acquisition, or other qualifying business combination that would result in the acquired company becoming publicly listed.

The company’s primary activities are sourcing, evaluating and completing a business combination with a target company.