Churchill Capital Corp X (NASDAQ:CCCX) Short Interest Update

Churchill Capital Corp X (NASDAQ:CCCX) was the target of a large increase in short interest in October. As of October 15th, there was short interest totaling 230,900 shares, an increase of 46.0% from the September 30th total of 158,200 shares. Approximately 0.6% of the shares of the stock are sold short. Based on an average daily volume of 3,070,000 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 3,070,000 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.6% of the shares of the stock are sold short.

Analyst Ratings Changes

Separately, Weiss Ratings initiated coverage on shares of Churchill Capital Corp X in a report on Saturday, October 18th. They issued a “sell (e)” rating on the stock. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has an average rating of “Sell”.

Churchill Capital Corp X Stock Performance

Shares of CCCX opened at $19.26 on Monday. Churchill Capital Corp X has a fifty-two week low of $10.03 and a fifty-two week high of $27.50.

Institutional Investors Weigh In On Churchill Capital Corp X

An institutional investor recently bought a new position in Churchill Capital Corp X stock. MGO One Seven LLC bought a new stake in shares of Churchill Capital Corp X (NASDAQ:CCCX) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 10,000 shares of the company’s stock, valued at approximately $129,000.

Churchill Capital Corp X Company Profile

We are a blank check company incorporated as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination.