Short Interest in Churchill Capital Corp XI (NASDAQ:CCXI) Declines By 38.3%

Churchill Capital Corp XI (NASDAQ:CCXIGet Free Report) saw a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 1,661 shares, a drop of 38.3% from the April 15th total of 2,693 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 43,320 shares, the days-to-cover ratio is currently 0.0 days.

Churchill Capital Corp XI Trading Down 0.7%

Shares of Churchill Capital Corp XI stock traded down $0.08 during trading hours on Monday, reaching $10.21. The company’s stock had a trading volume of 1,156 shares, compared to its average volume of 20,341. The firm has a market capitalization of $728.19 million, a price-to-earnings ratio of -5.40 and a beta of 1.22. Churchill Capital Corp XI has a one year low of $10.07 and a one year high of $11.00.

Analyst Ratings Changes

Separately, Weiss Ratings initiated coverage on shares of Churchill Capital Corp XI in a research note on Wednesday, May 6th. They issued a “sell (e)” rating on the stock. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Churchill Capital Corp XI presently has an average rating of “Sell”.

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Churchill Capital Corp XI Company Profile

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Churchill Capital Corp XI is a blank check company.

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