Churchill Capital Corp VII (NYSE:CVII) Short Interest Update

Churchill Capital Corp VII (NYSE:CVII) saw a large increase in short interest in August. As of August 31st, there was short interest totalling 10,100 shares, an increase of 16.1% from the August 15th total of 8,700 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 317,900 shares, the days-to-cover ratio is currently 0.0 days.

Churchill Capital Corp VII Price Performance

Shares of CVII traded up $0.03 during mid-day trading on Tuesday, hitting $10.45. The stock had a trading volume of 693 shares, compared to its average volume of 578,737. The company’s fifty day simple moving average is $10.40 and its two-hundred day simple moving average is $10.27. Churchill Capital Corp VII has a fifty-two week low of $9.79 and a fifty-two week high of $10.80.

Institutional Trading of Churchill Capital Corp VII

Several hedge funds have recently made changes to their positions in CVII. Spartan Fund Management Inc. bought a new stake in Churchill Capital Corp VII during the 2nd quarter valued at $40,000. XTX Topco Ltd bought a new stake in Churchill Capital Corp VII during the 2nd quarter valued at $159,000. Y Intercept Hong Kong Ltd bought a new stake in Churchill Capital Corp VII during the 2nd quarter valued at $160,000. Private Capital Management LLC bought a new stake in Churchill Capital Corp VII during the 1st quarter valued at $196,000. Finally, Captrust Financial Advisors raised its stake in Churchill Capital Corp VII by 8.2% during the 4th quarter. Captrust Financial Advisors now owns 36,283 shares of the company’s stock valued at $362,000 after acquiring an additional 2,745 shares in the last quarter. Institutional investors own 60.45% of the company’s stock.

Churchill Capital Corp VII Company Profile

Churchill Capital Corp VII, a blank check company, focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2020 and is based in New York, New York.