Short Interest in Cantor Equity Partners, Inc. (NASDAQ:CEPO) Grows By 521.1%

Cantor Equity Partners, Inc. (NASDAQ:CEPO) saw a large increase in short interest during the month of April. As of April 15th, there was short interest totaling 78,299 shares, an increase of 521.1% from the March 31st total of 12,606 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily trading volume, of 88,160 shares, the days-to-cover ratio is presently 0.9 days.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. Wall Street Zen cut shares of Cantor Equity Partners to a “strong sell” rating in a research note on Saturday, March 21st. Weiss Ratings restated a “sell (d-)” rating on shares of Cantor Equity Partners in a research note on Friday, January 9th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has a consensus rating of “Sell”.

Cantor Equity Partners Stock Performance

Shares of NASDAQ CEPO remained flat at $10.59 during mid-day trading on Friday. 17,982 shares of the stock were exchanged, compared to its average volume of 66,482. The firm’s fifty day moving average is $10.51 and its 200-day moving average is $10.47. Cantor Equity Partners has a one year low of $10.27 and a one year high of $16.50.

Cantor Equity Partners (NASDAQ:CEPO) last posted its earnings results on Friday, February 27th. The company reported ($0.44) earnings per share (EPS) for the quarter.

Institutional Trading of Cantor Equity Partners

Hedge funds and other institutional investors have recently bought and sold shares of the business. Lineage Point Capital LP acquired a new stake in Cantor Equity Partners in the 4th quarter worth about $124,000. Radcliffe Capital Management L.P. acquired a new stake in Cantor Equity Partners in the 3rd quarter worth about $136,000. Qube Research & Technologies Ltd acquired a new stake in Cantor Equity Partners in the 2nd quarter worth about $155,000. Clear Street Group Inc. acquired a new stake in Cantor Equity Partners in the 3rd quarter worth about $157,000. Finally, Prelude Capital Management LLC acquired a new stake in Cantor Equity Partners in the 3rd quarter worth about $261,000.

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.