Cantor Equity Partners, Inc. (NASDAQ:CEPO) Short Interest Down 17.4% in December

Cantor Equity Partners, Inc. (NASDAQ:CEPOGet Free Report) was the recipient of a significant decline in short interest in December. As of December 31st, there was short interest totaling 10,974 shares, a decline of 17.4% from the December 15th total of 13,280 shares. Based on an average daily trading volume, of 183,290 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 183,290 shares, the days-to-cover ratio is presently 0.1 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Cantor Equity Partners in a research report on Friday, January 9th. One investment 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 Report on CEPO

Cantor Equity Partners Price Performance

Shares of NASDAQ CEPO remained flat at $10.46 on Tuesday. 61,088 shares of the company’s stock traded hands, compared to its average volume of 37,527. The company has a 50-day simple moving average of $10.43 and a 200 day simple moving average of $10.71. Cantor Equity Partners has a 12 month low of $10.05 and a 12 month high of $16.50. The stock has a market cap of $266.73 million and a P/E ratio of 61.53.

Cantor Equity Partners (NASDAQ:CEPOGet Free Report) last announced its earnings results on Friday, November 14th. The company reported $0.05 EPS for the quarter.

Insiders Place Their Bets

In other Cantor Equity Partners news, major shareholder Harraden Circle Investments, L sold 250,000 shares of the firm’s stock in a transaction on Thursday, November 6th. The stock was sold at an average price of $10.43, for a total value of $2,607,500.00. Following the completion of the sale, the insider owned 2,048,679 shares of the company’s stock, valued at approximately $21,367,721.97. This trade represents a 10.88% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Radcliffe Capital Management L.P. purchased a new stake in Cantor Equity Partners in the 3rd quarter worth approximately $136,000. Qube Research & Technologies Ltd acquired a new position in shares of Cantor Equity Partners in the 2nd quarter valued at $155,000. Whalen Wealth Management Inc. purchased a new stake in shares of Cantor Equity Partners during the 3rd quarter valued at $140,000. Clear Street Group Inc. acquired a new stake in shares of Cantor Equity Partners during the 3rd quarter worth $157,000. Finally, Penserra Capital Management LLC purchased a new position in shares of Cantor Equity Partners in the 2nd quarter worth $219,000.

About Cantor Equity Partners

(Get Free Report)

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.

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