Churchill Capital Corp. XIII (NASDAQ:XIIIU) Short Interest Update

Churchill Capital Corp. XIII (NASDAQ:XIIIU) was the recipient of a large drop in short interest in September. As of September 15th, there was short interest totaling 12,750 shares, a drop of 76.5% from the August 31st total of 54,165 shares. Based on an average trading volume of 45,593 shares, the short-interest ratio is presently 0.3 days.

Analysts Set New Price Targets

Separately, Wall Street Zen raised Churchill Capital Corp. XIII to a “hold” rating in a report on Saturday, August 15th.

Churchill Capital Corp. XIII Stock Performance

NASDAQ:XIIIU traded down $0.03 during mid-day trading on Friday, reaching $10.57. The stock had a trading volume of 666 shares, compared to its average volume of 87,490. Churchill Capital Corp. XIII has a one year low of $10.30 and a one year high of $11.34.

Churchill Capital Corp. XIII Company Profile

Churchill Capital Corp. XIII is a blank-check company, also known as a special purpose acquisition company (SPAC), listed on the Nasdaq Capital Market under the symbol XIIIU for its units. The company was formed to identify and complete a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more operating businesses.

Unlike an operating company, Churchill Capital Corp. XIII does not currently manufacture products, provide commercial services or serve customers in a defined geographic market.