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

Churchill Capital Corp XII Units (NASDAQ:CXIIU) saw a large drop in short interest during the month of May. As of May 15th, there was short interest totaling 2,173 shares, a drop of 77.7% from the April 30th total of 9,742 shares. Based on an average daily trading volume, of 119,125 shares, the days-to-cover ratio is presently 0.0 days.

Analyst Upgrades and Downgrades

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

Churchill Capital Corp XII Units Stock Performance

Shares of NASDAQ CXIIU traded up $0.01 during mid-day trading on Friday, reaching $10.18. 12,335 shares of the company were exchanged, compared to its average volume of 99,452. Churchill Capital Corp XII Units has a twelve month low of $10.08 and a twelve month high of $10.17.