CEPF (NASDAQ:CEPF) Shares Shorted: Short Interest Up 92.1% in September

CEPF (NASDAQ:CEPF) was the target of a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 7,113 shares, a growth of 92.1% from the September 15th total of 3,702 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 123,962 shares, the days-to-cover ratio is currently 0.1 days.

Analysts Set New Price Targets

Separately, Weiss Ratings cut CEPF from a “sell (d)” rating to a “sell (d-)” rating in a research note on Thursday, October 8th. One analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the company has an average rating of “Sell”.

CEPF Price Performance

CEPF stock traded down $0.01 on Thursday, reaching $10.26. The company’s stock had a trading volume of 817,687 shares, compared to its average volume of 88,291. CEPF has a 52 week low of $10.13 and a 52 week high of $10.64. The company has a market capitalization of $586.36 million, a P/E ratio of 73.29 and a beta of 0.18. The firm has a fifty day moving average of $10.34 and a two-hundred day moving average of $10.33.

CEPF Company Profile

Cantor Equity Partners IV, Inc (NASDAQ: CEPF) is a special purpose acquisition company (SPAC) formed to identify and combine with one or more businesses through a merger, acquisition, stock purchase or similar transaction.

As a SPAC, the company does not currently operate a traditional commercial business or offer its own products and services. Its primary activities are evaluating potential acquisition targets and completing a business combination. The company may pursue a target in a range of industries or geographic markets, subject to the terms of its formation documents and investor approval requirements.

Cantor Equity Partners IV is affiliated with Cantor Fitzgerald, a global financial services firm.