Short Interest in Cantor Equity Partners, Inc. (NASDAQ:CEPO) Drops By 45.7%

Cantor Equity Partners, Inc. (NASDAQ:CEPO) was the recipient of a significant decline in short interest in June. As of June 30th, there was short interest totaling 114,472 shares, a decline of 45.7% from the June 15th total of 211,008 shares. Based on an average daily trading volume, of 263,462 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.4% of the shares of the stock are short sold.

Institutional Trading of Cantor Equity Partners

Large investors have recently modified their holdings of the business. FNY Investment Advisers LLC raised its holdings in shares of Cantor Equity Partners by 8.5% in the fourth quarter. FNY Investment Advisers LLC now owns 110,600 shares of the company’s stock worth $1,152,000 after acquiring an additional 8,630 shares during the last quarter. Lineage Point Capital LP purchased a new stake in Cantor Equity Partners during the 4th quarter worth about $124,000. Cannon Global Investment Management LLC increased its position in Cantor Equity Partners by 14.1% during the 4th quarter. Cannon Global Investment Management LLC now owns 102,500 shares of the company’s stock worth $1,067,000 after purchasing an additional 12,700 shares in the last quarter. Qube Research & Technologies Ltd acquired a new position in Cantor Equity Partners in the 2nd quarter valued at about $155,000. Finally, SIH Partners LLLP lifted its holdings in Cantor Equity Partners by 38.9% in the 4th quarter. SIH Partners LLLP now owns 81,848 shares of the company’s stock valued at $853,000 after purchasing an additional 22,901 shares in the last quarter.

Cantor Equity Partners Trading Up 0.1%

Shares of CEPO stock traded up $0.01 during mid-day trading on Thursday, reaching $10.65. The stock had a trading volume of 6,008 shares, compared to its average volume of 60,156. The company has a market cap of $271.57 million, a P/E ratio of -22.66 and a beta of 0.07. Cantor Equity Partners has a 12-month low of $8.22 and a 12-month high of $16.50. The business has a 50-day simple moving average of $10.54 and a 200 day simple moving average of $10.51.

Wall Street Analyst Weigh In

CEPO has been the subject of a number of recent analyst reports. Weiss Ratings raised Cantor Equity Partners from a “sell (e+)” rating to a “sell (d-)” rating in a report on Thursday, May 14th. Wall Street Zen upgraded shares of Cantor Equity Partners to a “sell” rating in a research note on Saturday, June 20th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has a consensus 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.