Cantor Equity Partners, Inc. (NASDAQ:CEPO) Short Interest Up 47.8% in August

Cantor Equity Partners, Inc. (NASDAQ:CEPO) was the target of a significant increase in short interest in August. As of August 14th, there was short interest totaling 14,495 shares, an increase of 47.8% from the July 30th total of 9,808 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 103,404 shares, the short-interest ratio is presently 0.1 days.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on CEPO. Weiss Ratings cut shares of Cantor Equity Partners from a “sell (d-)” rating to a “sell (e+)” rating in a report on Tuesday, August 25th. Wall Street Zen raised shares of Cantor Equity Partners from a “sell” rating to a “hold” rating in a report on Saturday, August 22nd. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has an average rating of “Sell”.

Cantor Equity Partners Price Performance

NASDAQ CEPO opened at $10.76 on Thursday. Cantor Equity Partners has a fifty-two week low of $8.22 and a fifty-two week high of $10.97. The stock has a market cap of $274.38 million, a price-to-earnings ratio of -37.10 and a beta of -0.05. The business has a fifty day moving average of $10.62 and a 200-day moving average of $10.57.

Cantor Equity Partners (NASDAQ:CEPO) last issued its quarterly earnings results on Friday, August 14th. The company reported $0.26 EPS for the quarter.

Hedge Funds Weigh In On Cantor Equity Partners

Several institutional investors and hedge funds have recently bought and sold shares of the stock. BCK Capital Management LP increased its stake in Cantor Equity Partners by 221.9% during the fourth quarter. BCK Capital Management LP now owns 388,000 shares of the company’s stock worth $4,039,000 after acquiring an additional 267,468 shares during the last quarter. L1 Global Manager Pty Ltd acquired a new position in shares of Cantor Equity Partners during the fourth quarter worth about $524,000. Shay Capital LLC acquired a new stake in Cantor Equity Partners in the third quarter valued at approximately $1,889,000. Schonfeld Strategic Advisors LLC purchased a new stake in shares of Cantor Equity Partners during the fourth quarter valued at approximately $1,703,000. Finally, Boothbay Fund Management LLC purchased a new stake in shares of Cantor Equity Partners during the fourth quarter valued at approximately $1,695,000.

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.