The trading price of Churchill Capital Corp II (NYSE:CCX) floating higher at last check on Wednesday, Jan 13, closing at $10.52, 0.29% higher than its previous close.

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A company’s earnings reviews provide a brief indication of a stock’s direction in the short term, where in the case of Churchill Capital Corp II no upward and no downward comments were posted in the last 7 days. On the technical side, indicators suggest CCX has a 50% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Sell, while an average of long term indicators suggests that the stock is currently 50% Buy.

An evaluation of the daily trading volume of Churchill Capital Corp II (NYSE:CCX) indicates that the 3-month average is 1.58 Million. However, this figure has increased over the past 10 days to an average of 2.63 Million.

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Currently, records show that 109Million of the company’s shares remain outstanding. According to Thomson Reuters data, insiders hold 0% of outstanding shares, whereas institutions hold 70.79%. The stats also highlight that short interest as of December 14, 2020, stood at 599.67 Million shares, resulting in a short ratio of 0.69 at that time. From this, we can conclude that short interest is 0.47% of the company’s total outstanding shares. It is noteworthy that short shares in December were up slightly from the previous month’s figure, which was 18.46 Million. However, since the stock’s price has seen +1.64% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.


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