Cantor Equity Partners, Inc. (NASDAQ:CEPO) Short Interest Update

Cantor Equity Partners, Inc. (NASDAQ:CEPO) saw a significant growth in short interest in May. As of May 29th, there was short interest totaling 60,395 shares, a growth of 391.9% from the May 14th total of 12,278 shares. Based on an average trading volume of 60,652 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.2% of the company’s stock are sold short.

Institutional Trading of Cantor Equity Partners

Several large investors have recently bought and sold shares of CEPO. Lineage Point Capital LP purchased a new position in shares of Cantor Equity Partners during the 4th quarter valued at approximately $124,000. Radcliffe Capital Management L.P. purchased a new position in shares of Cantor Equity Partners during the 3rd quarter valued at approximately $136,000. Qube Research & Technologies Ltd purchased a new position in shares of Cantor Equity Partners during the 2nd quarter valued at approximately $155,000. Clear Street Group Inc. purchased a new position in shares of Cantor Equity Partners during the 3rd quarter valued at approximately $157,000. Finally, JPMorgan Chase & Co. purchased a new position in shares of Cantor Equity Partners during the 2nd quarter valued at approximately $295,000.

Cantor Equity Partners Stock Up 0.1%

Shares of NASDAQ:CEPO opened at $10.63 on Thursday. Cantor Equity Partners has a 52-week low of $10.27 and a 52-week high of $16.50. The company has a 50 day moving average of $10.58 and a two-hundred day moving average of $10.50. The company has a market capitalization of $271.07 million, a price-to-earnings ratio of -22.62 and a beta of -0.09.

Analysts Set New Price Targets

Several brokerages have issued reports on CEPO. Weiss Ratings raised shares of Cantor Equity Partners from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Thursday, May 14th. Wall Street Zen raised shares of Cantor Equity Partners from a “strong sell” rating to a “sell” rating in a research report on Saturday, May 9th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has an average rating of “Sell”.

Cantor Equity Partners Company Profile

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.