Cantor Equity Partners VII, Inc. (NASDAQ:CAES) Stock Short Interest Report for September

Cantor Equity Partners VII, Inc. (NASDAQ:CAES) was the recipient of a significant drop in short interest in September. As of September 30th, there was short interest totaling 2,851 shares, a drop of 54.3% from the September 15th total of 6,242 shares. Based on an average daily volume of 5,562 shares, the short-interest ratio is currently 0.5 days. Approximately 0.0% of the company’s stock are short sold.

Cantor Equity Partners VII Trading Down 0.1%

Shares of NASDAQ CAES traded down $0.01 during midday trading on Tuesday, reaching $10.01. The company had a trading volume of 116,290 shares, compared to its average volume of 59,898. Cantor Equity Partners VII has a 1 year low of $10.01 and a 1 year high of $10.17. The company’s 50-day moving average is $10.08.

Hedge Funds Weigh In On Cantor Equity Partners VII

Several hedge funds have recently made changes to their positions in CAES. HBK Investments L P purchased a new position in Cantor Equity Partners VII in the 2nd quarter worth $3,027,000. Harraden Circle Investments LLC acquired a new stake in Cantor Equity Partners VII during the 2nd quarter worth about $4,677,000. Moore Capital Management LP acquired a new stake in Cantor Equity Partners VII during the 2nd quarter worth about $2,018,000. Citadel Advisors LLC purchased a new stake in Cantor Equity Partners VII during the 2nd quarter valued at about $2,664,000. Finally, Rivernorth Capital Management LLC purchased a new stake in Cantor Equity Partners VII during the 2nd quarter valued at about $1,510,000.

Analysts Set New Price Targets

Several analysts have commented on the stock. Wall Street Zen raised shares of Cantor Equity Partners VII to a “hold” rating in a research report on Saturday, June 27th. Weiss Ratings initiated coverage on Cantor Equity Partners VII in a report on Wednesday, September 9th. They issued a “sell (e)” rating for the company. One analyst has rated the stock with a Sell rating. According to MarketBeat, Cantor Equity Partners VII currently has a consensus rating of “Sell”.

About Cantor Equity Partners VII

Cantor Equity Partners VII, Inc (NASDAQ: CAES) is a special purpose acquisition company (SPAC) sponsored by an affiliate of Cantor Fitzgerald. The company was formed to identify and complete a business combination, such as a merger, acquisition, or similar transaction, with an operating company.

As a SPAC, Cantor Equity Partners VII does not currently operate a commercial business or offer products and services of its own. Its activities are focused on evaluating potential acquisition targets and pursuing a transaction that would result in a privately held company becoming publicly traded.

The company is incorporated in the United States and is affiliated with Cantor Fitzgerald, a global financial services firm.