Cantor Equity Partners III, Inc. (NASDAQ:CAEP) Short Interest Down 48.8% in January

Cantor Equity Partners III, Inc. (NASDAQ:CAEP) was the recipient of a significant drop in short interest in the month of January. As of January 30th, there was short interest totaling 4,314 shares, a drop of 48.8% from the January 15th total of 8,432 shares. Based on an average daily volume of 56,453 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 56,453 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On Cantor Equity Partners III

Several institutional investors and hedge funds have recently modified their holdings of CAEP. Tuttle Capital Management LLC acquired a new stake in Cantor Equity Partners III during the second quarter worth approximately $316,000. Cannon Global Investment Management LLC purchased a new position in shares of Cantor Equity Partners III during the 2nd quarter worth $127,000. FNY Investment Advisers LLC acquired a new stake in shares of Cantor Equity Partners III during the second quarter worth $87,000. Wolverine Asset Management LLC purchased a new stake in shares of Cantor Equity Partners III in the second quarter valued at $1,213,000. Finally, Timelo Investment Management Inc. purchased a new stake in shares of Cantor Equity Partners III in the second quarter valued at $106,000.

Analyst Upgrades and Downgrades

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

Cantor Equity Partners III Price Performance

NASDAQ CAEP opened at $10.23 on Friday. Cantor Equity Partners III has a fifty-two week low of $10.17 and a fifty-two week high of $11.09. The business has a fifty day moving average of $10.22 and a 200-day moving average of $10.35.

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

Cantor Equity Partners III Company Profile

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.