Churchill Capital Corp XII Units (NASDAQ:CXIIU) Stock Short Interest Report for October

Churchill Capital Corp XII Units (NASDAQ:CXIIU) was the target of a large decline in short interest in October. As of October 15th, there was short interest totaling 23 shares, a decline of 95.7% from the September 30th total of 531 shares. Based on an average daily volume of 6,520 shares, the days-to-cover ratio is currently 0.0 days.

Churchill Capital Corp XII Units Stock Down 0.9%

Shares of Churchill Capital Corp XII Units stock traded down $0.10 on Wednesday, hitting $10.55. 3,316 shares of the company traded hands, compared to its average volume of 54,066. Churchill Capital Corp XII Units has a 12-month low of $10.08 and a 12-month high of $11.50. The stock’s 50-day moving average is $10.91.

Churchill Capital Corp XII Units Company Profile

Churchill Capital Corp XII is a special purpose acquisition company (SPAC) formed to identify and complete a business combination with one or more operating companies. The company does not have ongoing commercial operations, products, or services of its own and was established as a vehicle for a potential merger, acquisition, or similar transaction.

Churchill Capital Corp XII Units trade on the Nasdaq Stock Market under the symbol CXIIU. Each unit represents an interest in the SPAC and is generally composed of shares of common stock and additional securities that may become separately tradable after the offering, subject to the terms disclosed in the company’s formation and offering documents.

The company was organized in Delaware and is associated with the Churchill Capital group, a sponsor of SPACs led by investor Michael Klein.