Churchill Capital Corp VII (NYSE:CVII) Sees Unusually-High Trading Volume

Shares of Churchill Capital Corp VII (NYSE:CVII – Get Rating) saw strong trading volume on Friday . 861,794 shares changed hands during trading, an increase of 109% from the previous session’s volume of 412,102 shares.The stock last traded at $10.06 and had previously closed at $10.07.

Churchill Capital Corp VII Trading Down 0.1 %

The company has a 50 day moving average of $10.04 and a two-hundred day moving average of $9.95.

Hedge Funds Weigh In On Churchill Capital Corp VII

Hedge funds and other institutional investors have recently modified their holdings of the stock. Private Capital Management LLC acquired a new position in shares of Churchill Capital Corp VII in the 1st quarter valued at $196,000. GAM Holding AG acquired a new position in shares of Churchill Capital Corp VII in the 3rd quarter valued at $206,000. Trexquant Investment LP acquired a new position in shares of Churchill Capital Corp VII in the 2nd quarter valued at $248,000. Landscape Capital Management L.L.C. acquired a new position in shares of Churchill Capital Corp VII in the 3rd quarter valued at $280,000. Finally, Captrust Financial Advisors boosted its position in shares of Churchill Capital Corp VII by 8.2% in the 4th quarter. Captrust Financial Advisors now owns 36,283 shares of the company’s stock valued at $362,000 after purchasing an additional 2,745 shares during the period. Institutional investors and hedge funds own 72.52% of the company’s stock.

Churchill Capital Corp VII Company Profile

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Churchill Capital Corp VII focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2020 and is based in New York, New York.