Cantor Equity Partners, Inc. (NASDAQ:CEPO) Short Interest Down 77.1% in April
by Doug Wharley · The Cerbat GemCantor Equity Partners, Inc. (NASDAQ:CEPO – Get Free Report) was the recipient of a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 17,962 shares, a decline of 77.1% from the April 15th total of 78,299 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 21,425 shares, the short-interest ratio is presently 0.8 days.
Hedge Funds Weigh In On Cantor Equity Partners
Several hedge funds and other institutional investors have recently made changes to their positions in CEPO. Lineage Point Capital LP acquired a new position in shares of Cantor Equity Partners in the 4th quarter valued at approximately $124,000. Radcliffe Capital Management L.P. acquired a new position in shares of Cantor Equity Partners in the 3rd quarter valued at approximately $136,000. Qube Research & Technologies Ltd acquired a new position in shares of Cantor Equity Partners in the 2nd quarter valued at approximately $155,000. Clear Street Group Inc. acquired a new position in shares of Cantor Equity Partners in the 3rd quarter valued at approximately $157,000. Finally, Prelude Capital Management LLC acquired a new position in shares of Cantor Equity Partners in the 3rd quarter valued at approximately $261,000.
Cantor Equity Partners Trading Down 0.1%
NASDAQ CEPO traded down $0.01 during trading on Wednesday, reaching $10.57. The company’s stock had a trading volume of 7,909 shares, compared to its average volume of 24,677. The firm has a market capitalization of $269.54 million, a price-to-earnings ratio of -22.49 and a beta of -0.09. Cantor Equity Partners has a 12 month low of $10.27 and a 12 month high of $16.50. The firm has a 50 day moving average price of $10.54 and a 200 day moving average price of $10.48.
Cantor Equity Partners (NASDAQ:CEPO – Get Free Report) last issued its earnings results on Monday, May 4th. The company reported ($0.16) EPS for the quarter.
Analyst Ratings Changes
Separately, Wall Street Zen raised shares of Cantor Equity Partners from a “strong sell” rating to a “sell” rating in a report on Saturday. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Cantor Equity Partners has a consensus rating of “Sell”.
Read Our Latest Stock Report on Cantor Equity Partners
Cantor Equity Partners Company Profile
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.