Cantor Equity Partners VII, Inc. (NASDAQ:CAES – Get Free Report) saw a significant drop in short interest in July. As of July 15th, there was short interest totaling 5,616 shares, a drop of 44.4% from the June 30th total of 10,108 shares. Based on an average daily trading volume, of 96,572 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.
Cantor Equity Partners VII Stock Down 0.1%
Shares of CAES traded down $0.01 during trading hours on Wednesday, hitting $10.06. 10,789 shares of the stock traded hands, compared to its average volume of 98,249. Cantor Equity Partners VII has a 1-year low of $10.05 and a 1-year high of $10.17.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen upgraded shares of Cantor Equity Partners VII to a “hold” rating in a research report on Saturday, June 27th.
About Cantor Equity Partners VII
Cantor Equity Partners VII is a special purpose acquisition company, or SPAC, formed to pursue a merger, stock exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. As a blank check company, it does not have operations of its own and is focused on identifying and completing an initial transaction with a target company.
The company was organized by affiliates of Cantor Fitzgerald, a financial services firm with a long history in capital markets and investment banking.
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