Cantor Equity Partners, Inc. (NASDAQ:CEPO – Get Free Report) was the recipient of a significant increase in short interest during the month of January. As of January 15th, there was short interest totaling 15,534 shares, an increase of 41.6% from the December 31st total of 10,974 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 34,774 shares, the short-interest ratio is currently 0.4 days. Based on an average daily trading volume, of 34,774 shares, the short-interest ratio is currently 0.4 days. Currently, 0.1% of the shares of the company are sold short.
Cantor Equity Partners Stock Performance
CEPO opened at $10.46 on Friday. The company has a fifty day moving average of $10.45 and a two-hundred day moving average of $10.62. The stock has a market capitalization of $266.73 million and a price-to-earnings ratio of 61.53. Cantor Equity Partners has a fifty-two week low of $10.05 and a fifty-two week high of $16.50.
Cantor Equity Partners (NASDAQ:CEPO – Get Free Report) last posted its earnings results on Friday, November 14th. The company reported $0.05 earnings per share (EPS) for the quarter.
Insiders Place Their Bets
Institutional Trading of Cantor Equity Partners
Several institutional investors have recently bought and sold shares of CEPO. Radcliffe Capital Management L.P. purchased a new stake in shares of Cantor Equity Partners in the third quarter valued at approximately $136,000. Qube Research & Technologies Ltd acquired a new stake in Cantor Equity Partners in the 2nd quarter valued at $155,000. Whalen Wealth Management Inc. purchased a new stake in Cantor Equity Partners in the 3rd quarter worth $140,000. Clear Street Group Inc. acquired a new position in Cantor Equity Partners during the third quarter worth $157,000. Finally, Penserra Capital Management LLC purchased a new position in Cantor Equity Partners during the second quarter valued at $219,000.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Cantor Equity Partners in a research note on Friday, January 9th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Cantor Equity Partners has a consensus rating of “Sell”.
Get Our Latest Report on Cantor Equity Partners
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.
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