Cantor Equity Partners II Inc. (NASDAQ:CEPT) Short Interest Up 490.3% in December

Cantor Equity Partners II Inc. (NASDAQ:CEPTGet Free Report) saw a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 42,681 shares, a growth of 490.3% from the November 30th total of 7,230 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 269,387 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 269,387 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the shares of the company are sold short.

Cantor Equity Partners II Stock Up 0.8%

Shares of CEPT traded up $0.09 during midday trading on Friday, reaching $11.23. The stock had a trading volume of 84,847 shares, compared to its average volume of 311,141. Cantor Equity Partners II has a 52 week low of $10.32 and a 52 week high of $13.25. The firm’s 50 day moving average price is $11.23 and its 200-day moving average price is $11.05.

Cantor Equity Partners II (NASDAQ:CEPTGet Free Report) last announced its earnings results on Friday, November 14th. The company reported $0.08 earnings per share for the quarter. The firm had revenue of $2.56 million for the quarter.

Institutional Trading of Cantor Equity Partners II

Hedge funds and other institutional investors have recently made changes to their positions in the business. FNY Investment Advisers LLC acquired a new position in Cantor Equity Partners II in the 2nd quarter worth about $101,000. Clear Street LLC bought a new stake in shares of Cantor Equity Partners II in the 2nd quarter valued at approximately $119,000. Clear Street Group Inc. acquired a new position in Cantor Equity Partners II in the third quarter worth approximately $119,000. Permanent Capital Management LP bought a new position in Cantor Equity Partners II during the third quarter valued at approximately $149,000. Finally, Hunting Hill Global Capital LLC acquired a new stake in Cantor Equity Partners II in the second quarter valued at approximately $183,000.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (e)” rating on shares of Cantor Equity Partners II in a report on Monday. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.

Read Our Latest Research Report on CEPT

About Cantor Equity Partners II

(Get Free Report)

Cantor Equity Partners II (NASDAQ: CEPT) is a closed-end management investment company that focuses on providing customized capital solutions to private, middle-market companies in the United States. Listed on the Nasdaq, CEPT seeks to deliver attractive risk-adjusted returns by investing across a spectrum of debt and equity instruments. Its portfolio may include senior secured loans, subordinated and mezzanine debt, preferred equity, and common equity, allowing it to tailor financing structures to meet the specific growth, acquisition or recapitalization needs of its portfolio companies.

As a business development company registered under the Investment Company Act of 1940, CEPT targets U.S.

Further Reading

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