Cantor Equity Partners V Inc. (NASDAQ:CEPV – Get Free Report) was the target of a large decline in short interest during the month of October. As of October 30th, there was short interest totaling 568 shares, a decline of 88.8% from the October 15th total of 5,064 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 67,374 shares, the days-to-cover ratio is currently 0.0 days.
Wall Street Analyst Weigh In
Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Cantor Equity Partners V in a report on Friday, October 30th. One investment analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, Cantor Equity Partners V has a consensus rating of “Sell”.
Read Our Latest Stock Report on Cantor Equity Partners V
Institutional Investors Weigh In On Cantor Equity Partners V
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Kryger Capital LLC purchased a new position in Cantor Equity Partners V in the first quarter worth $260,000. Bank of America Corp DE purchased a new stake in Cantor Equity Partners V during the first quarter worth approximately $332,000. SkyView Investment Advisors LLC acquired a new position in shares of Cantor Equity Partners V in the 2nd quarter valued at $640,000. DLD Asset Management LP increased its holdings in shares of Cantor Equity Partners V by 1,085.0% in the first quarter. DLD Asset Management LP now owns 173,430 shares of the company’s stock valued at $1,752,000 after purchasing an additional 158,795 shares during the period. Finally, Sculptor Capital LP grew its holdings in Cantor Equity Partners V by 16.5% during the first quarter. Sculptor Capital LP now owns 350,000 shares of the company’s stock worth $3,535,000 after acquiring an additional 49,500 shares during the period.
Cantor Equity Partners V Price Performance
CEPV opened at $10.21 on Wednesday. Cantor Equity Partners V has a 1 year low of $10.06 and a 1 year high of $10.50. The company has a market capitalization of $324.73 million and a PE ratio of 72.98. The business has a fifty day simple moving average of $10.26 and a 200 day simple moving average of $10.26.
Cantor Equity Partners V (NASDAQ:CEPV – Get Free Report) last announced its earnings results on Friday, August 14th. The company reported $0.07 EPS for the quarter.
About Cantor Equity Partners V
Cantor Equity Partners V is a special purpose acquisition company (SPAC) listed on the Nasdaq under the symbol CEPV. The company was formed to identify and combine with one or more businesses through a merger, acquisition, share exchange, or similar business combination. As a blank-check company, Cantor Equity Partners V does not currently operate a commercial business or offer products and services to customers. Its activities are focused on evaluating potential target companies and completing a business combination, after which the resulting company may conduct an operating business.
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