Short Interest in Cantor Equity Partners III, Inc. (NASDAQ:CAEP) Declines By 90.4%

Cantor Equity Partners III, Inc. (NASDAQ:CAEP) was the target of a large decrease in short interest during the month of March. As of March 13th, there was short interest totaling 5,280 shares, a decrease of 90.4% from the February 26th total of 55,160 shares. Based on an average daily volume of 100,474 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 100,474 shares, the short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. PenderFund Capital Management Ltd. lifted its holdings in Cantor Equity Partners III by 80.0% during the 4th quarter. PenderFund Capital Management Ltd. now owns 7,200 shares of the company’s stock valued at $73,000 after buying an additional 3,200 shares in the last quarter. FNY Investment Advisers LLC boosted its position in Cantor Equity Partners III by 43.9% in the 3rd quarter. FNY Investment Advisers LLC now owns 11,997 shares of the company’s stock valued at $123,000 after buying an additional 3,662 shares during the period. Mercuria Capital Strategies LLC bought a new position in Cantor Equity Partners III in the 4th quarter worth about $98,000. Fort Baker Capital Management LP bought a new position in Cantor Equity Partners III in the 2nd quarter worth about $106,000. Finally, Parallax Volatility Advisers L.P. increased its position in shares of Cantor Equity Partners III by 28.6% during the third quarter. Parallax Volatility Advisers L.P. now owns 45,000 shares of the company’s stock worth $464,000 after acquiring an additional 10,000 shares during the period.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the company. Weiss Ratings restated a “sell (e+)” rating on shares of Cantor Equity Partners III in a research report on Monday, December 29th. Wall Street Zen downgraded Cantor Equity Partners III from a “hold” rating to a “sell” rating in a research report on Saturday. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has a consensus rating of “Sell”.

Cantor Equity Partners III Price Performance

CAEP remained flat at $10.27 during trading hours on Tuesday. The company had a trading volume of 10,336 shares, compared to its average volume of 83,583. The company’s 50-day moving average price is $10.24 and its 200-day moving average price is $10.31. Cantor Equity Partners III has a one year low of $10.17 and a one year high of $11.09.

Cantor Equity Partners III (NASDAQ:CAEP) last released its earnings results on Monday, March 16th. The company reported $0.01 earnings per share for the quarter.

About Cantor Equity Partners III

Cantor Equity Partners III (NASDAQ: CAEP) is a special purpose acquisition company sponsored by Cantor Fitzgerald, a leading global financial services firm headquartered in New York City. Formed through an initial public offering in 2021, the company’s sole purpose is to identify, negotiate and complete a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Cantor Equity Partners III provides its management team with the capital base to pursue attractive acquisition targets in both public and private markets.

The company focuses on sectors where its sponsors and management team have deep expertise, including financial services, technology, healthcare and other growth industries.