Short Interest in Churchill Capital Corp IX/Cayman (NASDAQ:CCIXU) Decreases By 6.9%

Churchill Capital Corp IX/Cayman (NASDAQ:CCIXU) saw a significant decrease in short interest in the month of July. As of July 31st, there was short interest totalling 12,100 shares, a decrease of 6.9% from the July 15th total of 13,000 shares. Based on an average daily trading volume, of 33,500 shares, the days-to-cover ratio is presently 0.4 days.

Churchill Capital Corp IX/Cayman Price Performance

Shares of Churchill Capital Corp IX/Cayman stock opened at $10.14 on Wednesday. Churchill Capital Corp IX/Cayman has a 1-year low of $10.05 and a 1-year high of $10.45.

Institutional Investors Weigh In On Churchill Capital Corp IX/Cayman

Several institutional investors and hedge funds have recently made changes to their positions in the business. Magnetar Financial LLC bought a new position in Churchill Capital Corp IX/Cayman during the second quarter worth $24,772,000. Empyrean Capital Partners LP bought a new position in shares of Churchill Capital Corp IX/Cayman during the 2nd quarter worth about $17,692,000. Millennium Management LLC acquired a new stake in shares of Churchill Capital Corp IX/Cayman in the 2nd quarter valued at about $12,252,000. Sculptor Capital LP acquired a new stake in shares of Churchill Capital Corp IX/Cayman in the 2nd quarter valued at about $9,099,000. Finally, Shaolin Capital Management LLC bought a new stake in Churchill Capital Corp IX/Cayman in the 2nd quarter valued at about $1,516,000.

About Churchill Capital Corp IX/Cayman

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.