Cantor Equity Partners III, Inc. (NASDAQ:CAEP) Sees Significant Decline in Short Interest

Cantor Equity Partners III, Inc. (NASDAQ:CAEP) was the recipient of a significant decrease in short interest during the month of January. As of January 30th, there was short interest totaling 4,314 shares, a decrease of 48.8% from the January 15th total of 8,432 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 56,453 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 56,453 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Institutional Trading of Cantor Equity Partners III

Hedge funds and other institutional investors have recently modified their holdings of the company. FNY Investment Advisers LLC purchased a new position in shares of Cantor Equity Partners III in the second quarter worth approximately $87,000. Mercuria Capital Strategies LLC purchased a new stake in shares of Cantor Equity Partners III in the fourth quarter valued at $98,000. Waratah Capital Advisors Ltd. acquired a new stake in shares of Cantor Equity Partners III in the second quarter worth $106,000. Timelo Investment Management Inc. purchased a new position in shares of Cantor Equity Partners III during the second quarter valued at $106,000. Finally, Fort Baker Capital Management LP acquired a new position in Cantor Equity Partners III during the second quarter valued at $106,000.

Cantor Equity Partners III Stock Performance

Shares of Cantor Equity Partners III stock remained flat at $10.23 on Friday. The stock had a trading volume of 44,648 shares, compared to its average volume of 61,886. Cantor Equity Partners III has a fifty-two week low of $10.17 and a fifty-two week high of $11.09. The stock has a fifty day moving average price of $10.22 and a 200-day moving average price of $10.35.

Cantor Equity Partners III (NASDAQ:CAEP) last posted its earnings results on Friday, November 14th. The company reported $0.08 EPS for the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Cantor Equity Partners III in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has an average rating of “Sell”.

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.