Cantor Equity Partners, Inc. (NASDAQ:CEPO) Sees Significant Growth in Short Interest

Cantor Equity Partners, Inc. (NASDAQ:CEPO) saw a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 14,495 shares, a growth of 47.8% from the July 30th total of 9,808 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 103,404 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Lineage Point Capital LP purchased a new stake in Cantor Equity Partners in the 4th quarter worth about $124,000. Qube Research & Technologies Ltd purchased a new stake in Cantor Equity Partners during the second quarter valued at about $155,000. Cannon Global Investment Management LLC lifted its holdings in Cantor Equity Partners by 15.1% during the first quarter. Cannon Global Investment Management LLC now owns 118,000 shares of the company’s stock valued at $1,239,000 after purchasing an additional 15,500 shares during the last quarter. SIH Partners LLLP boosted its position in Cantor Equity Partners by 38.9% during the fourth quarter. SIH Partners LLLP now owns 81,848 shares of the company’s stock worth $853,000 after purchasing an additional 22,901 shares during the period. Finally, JPMorgan Chase & Co. purchased a new position in shares of Cantor Equity Partners in the second quarter worth about $295,000.

Cantor Equity Partners Trading Up 0.0%

Shares of NASDAQ:CEPO traded up $0.01 during mid-day trading on Tuesday, reaching $10.76. The company had a trading volume of 16,958 shares, compared to its average volume of 97,333. Cantor Equity Partners has a one year low of $8.22 and a one year high of $10.97. The company’s 50-day moving average price is $10.60 and its 200-day moving average price is $10.57. The firm has a market cap of $274.25 million, a price-to-earnings ratio of -37.09 and a beta of -0.05.

Cantor Equity Partners (NASDAQ:CEPO) last announced its quarterly earnings data on Friday, August 14th. The company reported $0.26 earnings per share for the quarter.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. Weiss Ratings lowered Cantor Equity Partners from a “sell (d-)” rating to a “sell (e+)” rating in a report on Tuesday, August 25th. Wall Street Zen raised Cantor Equity Partners from a “sell” rating to a “hold” rating in a research report on Saturday, August 22nd. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Cantor Equity Partners has a consensus rating of “Sell”.

About Cantor Equity Partners

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.