Churchill Capital Corp IX – Warrant (NASDAQ:CCIXW) Short Interest Update

Churchill Capital Corp IX – Warrant (NASDAQ:CCIXW) saw a significant decrease in short interest in February. As of February 13th, there was short interest totaling 1,627 shares, a decrease of 54.1% from the January 29th total of 3,542 shares. Based on an average daily trading volume, of 17,023 shares, the short-interest ratio is presently 0.1 days. Based on an average daily trading volume, of 17,023 shares, the short-interest ratio is presently 0.1 days.

Churchill Capital Corp IX – Warrant Trading Up 2.0%

NASDAQ CCIXW traded up $0.01 on Friday, hitting $0.50. The company’s stock had a trading volume of 13,333 shares, compared to its average volume of 19,870. Churchill Capital Corp IX – Warrant has a 1-year low of $0.45 and a 1-year high of $1.80. The company’s 50-day moving average is $0.72 and its 200 day moving average is $0.82.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Churchill Capital Corp IX – Warrant in a report on Wednesday, January 21st. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has an average rating of “Sell”.

Churchill Capital Corp IX (NASDAQ: CCIXW) is a special purpose acquisition company, commonly known as a SPAC, incorporated in Delaware and headquartered in New York. Founded in 2021, the firm was sponsored by an affiliate of Churchill Capital Corp, a series of SPACs led by financier Michael Klein. The company’s primary objective is to identify, acquire, and combine with one or more businesses in industries such as technology, consumer products, healthcare, and sustainability, with the goal of taking the merged entity public through the SPAC vehicle.

CCIXW represents the warrants issued to investors in connection with Churchill Capital Corp IX’s initial public offering.