Wolverine Asset Management LLC Has $1.04 Million Holdings in Churchill Capital Corp IX $CCIX

Wolverine Asset Management LLC raised its position in shares of Churchill Capital Corp IX (NASDAQ:CCIX) by 750.4% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 97,800 shares of the company’s stock after purchasing an additional 86,300 shares during the quarter. Wolverine Asset Management LLC owned approximately 0.27% of Churchill Capital Corp IX worth $1,040,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in CCIX. TENOR CAPITAL MANAGEMENT Co. L.P. grew its holdings in Churchill Capital Corp IX by 618.8% during the 3rd quarter. TENOR CAPITAL MANAGEMENT Co. L.P. now owns 1,437,500 shares of the company’s stock worth $15,065,000 after acquiring an additional 1,237,500 shares during the period. Meteora Capital LLC grew its holdings in Churchill Capital Corp IX by 105.7% during the 3rd quarter. Meteora Capital LLC now owns 668,024 shares of the company’s stock worth $7,001,000 after acquiring an additional 343,339 shares during the period. Fort Baker Capital Management LP grew its holdings in Churchill Capital Corp IX by 10.6% during the 3rd quarter. Fort Baker Capital Management LP now owns 2,833,119 shares of the company’s stock worth $29,691,000 after acquiring an additional 270,441 shares during the period. Clear Street Group Inc. acquired a new stake in Churchill Capital Corp IX during the 3rd quarter worth about $2,619,000. Finally, Shaolin Capital Management LLC acquired a new stake in Churchill Capital Corp IX during the 2nd quarter worth about $2,104,000.

Churchill Capital Corp IX Price Performance

Shares of CCIX stock opened at $10.78 on Wednesday. The company has a market cap of $395.22 million, a price-to-earnings ratio of 49.00 and a beta of -0.05. Churchill Capital Corp IX has a 52 week low of $10.45 and a 52 week high of $11.66. The firm has a 50 day moving average of $10.70 and a 200-day moving average of $10.67.

Churchill Capital Corp IX (NASDAQ:CCIX) last announced its quarterly earnings data on Thursday, February 5th. The company reported $0.07 EPS for the quarter.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded Churchill Capital Corp IX from a “sell” rating to a “hold” rating in a report on Monday, March 16th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, Churchill Capital Corp IX has a consensus rating of “Sell”.

About Churchill Capital Corp IX

Coleman Cable, Inc (Coleman) is a designer, developer, manufacturer and supplier of electrical wire and cable products for consumer, commercial and industrial applications, with operations primarily in the United States and in Honduras and Canada. The Company’s wire and cable products enable it to offer its customers a single source for many of their wire and cable product requirements. It manufactures its products in 10 domestic manufacturing locations and supplement its domestic production with both international and domestic sourcing.