Cantor Equity Partners, Inc. (NASDAQ:CEPO) Sees Significant Decrease in Short Interest

Cantor Equity Partners, Inc. (NASDAQ:CEPOGet Free Report) saw a large decrease in short interest in the month of August. As of August 31st, there was short interest totaling 7,609 shares, a decrease of 47.5% from the August 15th total of 14,495 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 512,006 shares, the short-interest ratio is presently 0.0 days.

Cantor Equity Partners Stock Up 0.1%

Cantor Equity Partners stock traded up $0.01 during mid-day trading on Tuesday, reaching $10.76. 12,677 shares of the company’s stock traded hands, compared to its average volume of 95,800. Cantor Equity Partners has a 12-month low of $8.22 and a 12-month high of $10.97. The stock has a 50 day moving average of $10.69 and a two-hundred day moving average of $10.59. The company has a market cap of $274.38 million, a price-to-earnings ratio of -37.10 and a beta of -0.05.

Cantor Equity Partners (NASDAQ:CEPOGet Free Report) last issued its quarterly earnings data on Friday, August 14th. The company reported $0.26 earnings per share for the quarter.

Institutional Investors Weigh In On Cantor Equity Partners

A number of institutional investors and hedge funds have recently modified their holdings of the business. Lineage Point Capital LP purchased a new stake in shares of Cantor Equity Partners during the fourth quarter valued at $124,000. L1 Global Manager Pty Ltd bought a new stake in Cantor Equity Partners during the fourth quarter valued at about $524,000. Cannon Global Investment Management LLC boosted its holdings in shares of Cantor Equity Partners by 15.1% in the 1st quarter. Cannon Global Investment Management LLC now owns 118,000 shares of the company’s stock valued at $1,239,000 after buying an additional 15,500 shares in the last quarter. SkyView Investment Advisors LLC acquired a new stake in Cantor Equity Partners in the second quarter valued at approximately $1,550,000. Finally, BCK Capital Management LP boosted its position in shares of Cantor Equity Partners by 221.9% in the 4th 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 in the last quarter.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on CEPO shares. Wall Street Zen upgraded Cantor Equity Partners from a “sell” rating to a “hold” rating in a research report on Saturday, August 22nd. Weiss Ratings cut Cantor Equity Partners from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Tuesday, August 25th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company has an average rating of “Sell”.

View Our Latest Stock Analysis on Cantor Equity Partners

Cantor Equity Partners Company Profile

(Get Free Report)

Cantor Equity Partners is a special purpose acquisition company (SPAC) sponsored by an affiliate of Cantor Fitzgerald. Rather than operating a traditional business, the company was formed to raise capital through a public offering and pursue a merger, stock purchase, asset acquisition, reorganization, or similar business combination with one or more businesses.

As a blank-check company, Cantor Equity Partners does not manufacture products or provide ongoing commercial services of its own.

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