Churchill Capital Corp VII (NYSE:CVII) Reaches New 12-Month High at $10.85

Churchill Capital Corp VII (NYSE:CVII)’s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $10.85 and last traded at $10.85, with a volume of 789565 shares. The stock had previously closed at $10.83.

Churchill Capital Corp VII Trading Up 0.1 %

The firm’s 50-day simple moving average is $10.77 and its two-hundred day simple moving average is $10.71.

Institutional Trading of Churchill Capital Corp VII

Large investors have recently modified their holdings of the business. Verition Fund Management LLC grew its position in shares of Churchill Capital Corp VII by 92.2% in the fourth quarter. Verition Fund Management LLC now owns 779,661 shares of the company’s stock valued at $8,186,000 after purchasing an additional 374,095 shares during the last quarter. Berkley W R Corp boosted its holdings in shares of Churchill Capital Corp VII by 16.1% during the fourth quarter. Berkley W R Corp now owns 2,751,440 shares of the company’s stock worth $28,890,000 after purchasing an additional 380,817 shares during the last quarter. Hsbc Holdings PLC boosted its stake in Churchill Capital Corp VII by 89.9% in the 4th quarter. Hsbc Holdings PLC now owns 1,084,196 shares of the company’s stock worth $11,406,000 after buying an additional 513,241 shares during the last quarter. Picton Mahoney Asset Management increased its stake in shares of Churchill Capital Corp VII by 65.2% during the 4th quarter. Picton Mahoney Asset Management now owns 1,900,000 shares of the company’s stock valued at $19,950,000 after acquiring an additional 750,000 shares during the last quarter. Finally, Ampfield Management L.P. purchased a new position in shares of Churchill Capital Corp VII during the 4th quarter worth about $46,000. 61.16% of the stock is currently owned by institutional investors and hedge funds.

About Churchill Capital Corp VII

Churchill Capital Corp VII does not have significant operations. The company 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.