Cantor Equity Partners VII, Inc. (NASDAQ:CAES – Get Free Report) was the target of a large decrease in short interest in October. As of October 15th, there was short interest totaling 1,748 shares, a decrease of 38.7% from the September 30th total of 2,851 shares. Based on an average daily trading volume, of 72,977 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.
Cantor Equity Partners VII Stock Up 0.3%
Shares of NASDAQ CAES opened at $10.03 on Friday. The business has a 50-day moving average of $10.05. Cantor Equity Partners VII has a 1-year low of $9.99 and a 1-year high of $10.17.
Institutional Trading of Cantor Equity Partners VII
Hedge funds and other institutional investors have recently bought and sold shares of the business. HBK Investments L P acquired a new position in Cantor Equity Partners VII during the second quarter worth $3,027,000. Harraden Circle Investments LLC acquired a new stake in shares of Cantor Equity Partners VII during the 2nd quarter valued at $4,677,000. Moore Capital Management LP bought a new stake in Cantor Equity Partners VII in the second quarter worth approximately $2,018,000. Citadel Advisors LLC acquired a new position in shares of Cantor Equity Partners VII in the 2nd quarter valued at $2,664,000. Finally, Rivernorth Capital Management LLC bought a new position in Cantor Equity Partners VII in the 2nd quarter worth approximately $1,510,000.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings began coverage on shares of Cantor Equity Partners VII in a report on Wednesday, September 9th. They issued a “sell (e)” rating for the company. One investment analyst has rated the stock with a Sell rating. According to MarketBeat, Cantor Equity Partners VII has an average rating of “Sell”.
Check Out Our Latest Stock Report on CAES
Cantor Equity Partners VII Company Profile
Cantor Equity Partners VII, Inc is a blank-check company, also known as a special purpose acquisition company (SPAC), whose shares trade on the Nasdaq under the symbol CAES. The company was formed to identify and complete a business combination with one or more private companies.
As a SPAC, Cantor Equity Partners VII does not operate a commercial business and does not currently offer products or services. Its activities are primarily focused on evaluating potential merger, acquisition, or other business-combination opportunities.
The company is affiliated with Cantor Fitzgerald, a global financial services firm.
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