Short Interest in Cantor Equity Partners, Inc. (NASDAQ:CEPO) Drops By 17.4%

Cantor Equity Partners, Inc. (NASDAQ:CEPO) saw a large drop in short interest in the month of December. As of December 31st, there was short interest totaling 10,974 shares, a drop of 17.4% from the December 15th total of 13,280 shares. Based on an average trading volume of 183,290 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 183,290 shares, the short-interest ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Cantor Equity Partners in a report on Friday, January 9th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.

Cantor Equity Partners Price Performance

NASDAQ:CEPO opened at $10.46 on Monday. The company has a market cap of $266.73 million and a P/E ratio of 61.53. The firm’s fifty day moving average price is $10.43 and its two-hundred day moving average price is $10.72. Cantor Equity Partners has a one year low of $10.05 and a one year high of $16.50.

Cantor Equity Partners (NASDAQ:CEPO) last posted its earnings results on Friday, November 14th. The company reported $0.05 earnings per share (EPS) for the quarter.

Insider Activity at Cantor Equity Partners

In other news, major shareholder Harraden Circle Investments, L sold 250,000 shares of the business’s stock in a transaction dated Thursday, November 6th. The shares were sold at an average price of $10.43, for a total transaction of $2,607,500.00. Following the transaction, the insider directly owned 2,048,679 shares in the company, valued at $21,367,721.97. The trade was a 10.88% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Hedge Funds Weigh In On Cantor Equity Partners

Several institutional investors and hedge funds have recently made changes to their positions in the company. Hudson Bay Capital Management LP bought a new position in shares of Cantor Equity Partners during the third quarter worth approximately $52,300,000. Pantera Capital Partners LP bought a new stake in Cantor Equity Partners in the 3rd quarter valued at $15,690,000. Alberta Investment Management Corp acquired a new position in Cantor Equity Partners in the 2nd quarter valued at $7,140,000. Harraden Circle Investments LLC increased its position in Cantor Equity Partners by 21.8% during the 2nd quarter. Harraden Circle Investments LLC now owns 2,298,679 shares of the company’s stock worth $27,354,000 after buying an additional 412,079 shares during the period. Finally, Fortress Investment Group LLC bought a new position in Cantor Equity Partners during the 2nd quarter worth $4,412,000.

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.