Churchill Capital Corp XII Units (NASDAQ:CXIIU) Sees Large Increase in Short Interest

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

Churchill Capital Corp XII Units Stock Up 0.6%

Shares of NASDAQ CXIIU traded up $0.07 during trading on Friday, reaching $10.84. 894 shares of the company traded hands, compared to its average volume of 70,185. The firm’s 50 day moving average price is $10.30. Churchill Capital Corp XII Units has a 52-week low of $10.08 and a 52-week high of $11.40.

Analysts Set New Price Targets

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

Read Our Latest Stock Report on CXIIU

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