Short Interest in Cantor Equity Partners III, Inc. (NASDAQ:CAEP) Rises By 87.2%

Cantor Equity Partners III, Inc. (NASDAQ:CAEP) saw a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 8,432 shares, a growth of 87.2% from the December 31st total of 4,505 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 112,884 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 112,884 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Hedge Funds Weigh In On Cantor Equity Partners III

Institutional investors have recently added to or reduced their stakes in the stock. Cannon Global Investment Management LLC lifted its position in Cantor Equity Partners III by 81.8% during the 4th quarter. Cannon Global Investment Management LLC now owns 74,000 shares of the company’s stock worth $755,000 after acquiring an additional 33,300 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of Cantor Equity Partners III by 11.2% during the third quarter. JPMorgan Chase & Co. now owns 418,112 shares of the company’s stock worth $4,315,000 after purchasing an additional 42,185 shares during the period. FNY Investment Advisers LLC grew its position in Cantor Equity Partners III by 43.9% in the 3rd quarter. FNY Investment Advisers LLC now owns 11,997 shares of the company’s stock valued at $123,000 after buying an additional 3,662 shares during the last quarter. Meteora Capital LLC grew its position in Cantor Equity Partners III by 13.6% in the 3rd quarter. Meteora Capital LLC now owns 1,452,283 shares of the company’s stock valued at $14,988,000 after buying an additional 173,709 shares during the last quarter. Finally, Susquehanna International Group LLP acquired a new position in Cantor Equity Partners III in the 3rd quarter valued at $290,000.

Cantor Equity Partners III Stock Performance

Shares of CAEP opened at $10.23 on Friday. The company’s 50 day simple moving average is $10.21 and its 200-day simple moving average is $10.38. Cantor Equity Partners III has a 12-month low of $10.17 and a 12-month high of $11.09.

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

Analysts Set New Price Targets

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