Short Interest in Cantor Equity Partners II Inc. (NASDAQ:CEPT) Drops By 77.5%

Cantor Equity Partners II Inc. (NASDAQ:CEPT) was the recipient of a large drop in short interest in September. As of September 15th, there was short interest totaling 4,200 shares, a drop of 77.5% from the August 31st total of 18,700 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 149,800 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily volume of 149,800 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen cut Cantor Equity Partners II from a “hold” rating to a “sell” rating in a research report on Saturday, June 14th.

Cantor Equity Partners II Stock Down 0.5%

Cantor Equity Partners II stock opened at $10.80 on Friday. Cantor Equity Partners II has a 1-year low of $10.32 and a 1-year high of $12.49. The stock has a fifty day simple moving average of $10.63.

Institutional Trading of Cantor Equity Partners II

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. FNY Investment Advisers LLC acquired a new stake in Cantor Equity Partners II during the 2nd quarter worth about $101,000. Clear Street LLC acquired a new stake in Cantor Equity Partners II during the 2nd quarter worth about $119,000. Hunting Hill Global Capital LLC acquired a new stake in Cantor Equity Partners II during the 2nd quarter worth about $183,000. Gabelli Funds LLC acquired a new stake in Cantor Equity Partners II during the 2nd quarter worth about $238,000. Finally, Cannon Global Investment Management LLC acquired a new stake in Cantor Equity Partners II during the 2nd quarter worth about $247,000.

About Cantor Equity Partners II

Cantor Equity Partners II, Inc is a blank check company. The company was founded on November 11, 2020 and is headquartered in New York, NY