Cantor Equity Partners, Inc. (NASDAQ:CEPO) Sees Large Growth in Short Interest

Cantor Equity Partners, Inc. (NASDAQ:CEPO) was the target of a significant growth in short interest in August. As of August 14th, there was short interest totaling 14,495 shares, a growth of 47.8% from the July 30th total of 9,808 shares. Based on an average trading volume of 103,404 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the shares of the stock are sold short.

Cantor Equity Partners Stock Performance

Shares of NASDAQ CEPO opened at $10.76 on Wednesday. Cantor Equity Partners has a 52 week low of $8.22 and a 52 week high of $10.97. The firm has a market cap of $274.38 million, a price-to-earnings ratio of -37.10 and a beta of -0.05. The business’s 50-day simple moving average is $10.60 and its 200-day simple moving average is $10.57.

Cantor Equity Partners (NASDAQ:CEPO) last posted its quarterly earnings data on Friday, August 14th. The company reported $0.26 earnings per share for the quarter.

Analyst Ratings Changes

Several brokerages have recently issued reports on CEPO. Wall Street Zen raised shares of Cantor Equity Partners from a “sell” rating to a “hold” rating in a research note on Saturday, August 22nd. Weiss Ratings lowered shares of Cantor Equity Partners from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Tuesday, August 25th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Cantor Equity Partners presently has an average rating of “Sell”.

Institutional Trading of Cantor Equity Partners

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Cannon Global Investment Management LLC raised its position in shares of Cantor Equity Partners by 15.1% during the first quarter. Cannon Global Investment Management LLC now owns 118,000 shares of the company’s stock valued at $1,239,000 after buying an additional 15,500 shares during the last quarter. Lineage Point Capital LP bought a new position in Cantor Equity Partners during the fourth quarter valued at about $124,000. Feynman Point Asset Management LLC bought a new position in Cantor Equity Partners during the fourth quarter valued at about $5,205,000. Toronto Dominion Bank raised its holdings in Cantor Equity Partners by 100.9% in the 4th quarter. Toronto Dominion Bank now owns 759,951 shares of the company’s stock valued at $7,916,000 after acquiring an additional 381,719 shares in the last quarter. Finally, Readystate Asset Management LP raised its holdings in Cantor Equity Partners by 115.8% in the 4th quarter. Readystate Asset Management LP now owns 65,532 shares of the company’s stock valued at $683,000 after acquiring an additional 35,162 shares in the last quarter.

About Cantor Equity Partners

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.