Short Interest in Churchill Capital Corp XII Units (NASDAQ:CXIIU) Grows By 342.4%

Churchill Capital Corp XII Units (NASDAQ:CXIIU) was the target of a large growth in short interest in the month of 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 daily volume of 36,759 shares, the short-interest ratio is currently 0.1 days.

Analysts Set New Price Targets

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

Churchill Capital Corp XII Units Trading Down 0.5%

Shares of NASDAQ:CXIIU traded down $0.06 during midday trading on Monday, hitting $10.79. 3,432 shares of the stock traded hands, compared to its average volume of 68,554. The stock’s 50 day simple moving average is $10.32. Churchill Capital Corp XII Units has a one year low of $10.08 and a one year high of $11.40.