Cantor Equity Partners, Inc. (NASDAQ:CEPO – Get Free Report) was the recipient of a significant growth in short interest in August. As of August 14th, there was short interest totaling 14,495 shares, a growth of 47.8% from the July 30th total of 9,808 shares. Based on an average daily trading volume, of 103,404 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are sold short.
Analyst Ratings Changes
A number of research analysts have recently issued reports on CEPO shares. Wall Street Zen upgraded shares of Cantor Equity Partners from a “sell” rating to a “hold” rating in a report on Saturday, August 22nd. Weiss Ratings cut shares of Cantor Equity Partners from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Tuesday, August 25th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Cantor Equity Partners presently has an average rating of “Sell”.
Get Our Latest Stock Analysis on CEPO
Cantor Equity Partners Trading Up 0.0%
Cantor Equity Partners (NASDAQ:CEPO – Get Free Report) last released its quarterly earnings results on Friday, August 14th. The company reported $0.26 EPS for the quarter.
Institutional Trading of Cantor Equity Partners
Several institutional investors and hedge funds have recently made changes to their positions in CEPO. BCK Capital Management LP boosted its holdings in Cantor Equity Partners by 221.9% during the fourth quarter. BCK Capital Management LP now owns 388,000 shares of the company’s stock worth $4,039,000 after purchasing an additional 267,468 shares during the last quarter. L1 Global Manager Pty Ltd bought a new stake in Cantor Equity Partners in the 4th quarter worth about $524,000. SIH Partners LLLP purchased a new stake in Cantor Equity Partners in the 3rd quarter valued at about $617,000. Massar Capital Management LP purchased a new stake in Cantor Equity Partners in the 2nd quarter valued at about $857,000. Finally, Marshall Wace LLP bought a new position in shares of Cantor Equity Partners during the 2nd quarter worth approximately $953,000.
About Cantor Equity Partners
Cantor Equity Partners, Inc is a special purpose acquisition company (SPAC) incorporated in Delaware and listed on the NASDAQ under the ticker CEPO. As a blank‐check entity, Cantor Equity Partners seeks to raise capital through an IPO and use the proceeds to effect a merger, share exchange, asset acquisition or similar business combination with one or more target companies. The company does not engage in commercial operations of its own until it completes a qualifying transaction.
The firm’s sponsor, Cantor Equity Opportunities Sponsor, LLC, is an affiliate of Cantor Fitzgerald, L.P., a well-established global financial services firm known for its capital markets, investment banking and brokerage activities.
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