Anson Funds Management LP Buys New Position in Churchill Capital Corp X $CCCX

Key Points

• Anson Funds Management LP established a new position in Churchill Capital Corp X, buying 183,569 shares worth about $2.36 million, equal to roughly 0.35% of the company at quarter-end.
• CCCX is trading around $13.66 (opened Friday) with a one‑year range of $10.03–$27.50 and a 50‑day simple moving average near $14.90.
• Analyst sentiment is negative—Weiss Ratings reiterated a "Sell" rating and MarketBeat shows a consensus rating of "Sell."

Anson Funds Management LP purchased a new position in Churchill Capital Corp X (NASDAQ:CCCX - Free Report) during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 183,569 shares of the company's stock, valued at approximately $2,361,000. Anson Funds Management LP owned approximately 0.35% of Churchill Capital Corp X at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of CCCX. Group One Trading LLC acquired a new stake in Churchill Capital Corp X during the third quarter valued at approximately $52,000. ATW Spac Management LLC acquired a new position in Churchill Capital Corp X in the third quarter worth approximately $129,000. MGO One Seven LLC bought a new position in shares of Churchill Capital Corp X in the third quarter valued at $129,000. Pekin Hardy Strauss Inc. bought a new position in shares of Churchill Capital Corp X in the third quarter valued at $356,000. Finally, Cookson Peirce & Co. Inc. acquired a new stake in shares of Churchill Capital Corp X during the 3rd quarter valued at $386,000.

Churchill Capital Corp X Stock Performance

Shares of CCCX stock opened at $13.66 on Friday. Churchill Capital Corp X has a 1-year low of $10.03 and a 1-year high of $27.50. The company's fifty day simple moving average is $14.90.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a "sell (d)" rating on shares of Churchill Capital Corp X in a report on Monday, December 29th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has a consensus rating of "Sell".

Churchill Capital Corp X Profile

Churchill Capital Corp X NASDAQ: CCCX is a special purpose acquisition company (SPAC), commonly referred to as a blank‑check company, formed to raise capital through an initial public offering for the purpose of effecting one or more business combinations. As a SPAC, it initially holds the proceeds from its public offering in a trust account while management and the sponsor identify and negotiate a potential merger, acquisition, or other qualifying business combination that would result in the acquired company becoming publicly listed.

The company’s primary activities are sourcing, evaluating and completing a business combination with a target company.

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