Short Interest in Cantor Equity Partners, Inc. (NASDAQ:CEPO) Declines By 47.5%

Cantor Equity Partners, Inc. (NASDAQ:CEPO) was the target of a large decline in short interest in August. As of August 31st, there was short interest totaling 7,609 shares, a decline of 47.5% from the August 15th total of 14,495 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 512,006 shares, the days-to-cover ratio is currently 0.0 days.

Cantor Equity Partners Trading Up 0.2%

Shares of Cantor Equity Partners stock opened at $10.78 on Thursday. The stock has a fifty day simple moving average of $10.70 and a 200 day simple moving average of $10.59. Cantor Equity Partners has a 12-month low of $8.22 and a 12-month high of $10.97. The company has a market capitalization of $274.76 million, a P/E ratio of -37.16 and a beta of -0.05.

Cantor Equity Partners (NASDAQ:CEPO) last released its quarterly earnings results on Friday, August 14th. The company reported $0.26 EPS for the quarter.

Analyst Ratings Changes

CEPO has been the topic of several research reports. Weiss Ratings downgraded shares of Cantor Equity Partners from a “sell (d-)” rating to a “sell (e+)” rating in a report on Tuesday, August 25th. Wall Street Zen raised shares of 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, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. SkyView Investment Advisors LLC bought a new stake in shares of Cantor Equity Partners in the 2nd quarter worth approximately $1,550,000. Cannon Global Investment Management LLC lifted its stake in Cantor Equity Partners by 15.1% in 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. Lineage Point Capital LP bought a new position in Cantor Equity Partners during the fourth quarter valued at $124,000. L1 Global Manager Pty Ltd bought a new position in Cantor Equity Partners during the fourth quarter valued at $524,000. Finally, BCK Capital Management LP increased its position in Cantor Equity Partners by 221.9% in the fourth quarter. BCK Capital Management LP now owns 388,000 shares of the company’s stock worth $4,039,000 after buying an additional 267,468 shares during the last quarter.

About Cantor Equity Partners

Cantor Equity Partners is a special purpose acquisition company (SPAC) sponsored by an affiliate of Cantor Fitzgerald. Rather than operating a traditional business, the company was formed to raise capital through a public offering and pursue a merger, stock purchase, asset acquisition, reorganization, or similar business combination with one or more businesses.

As a blank-check company, Cantor Equity Partners does not manufacture products or provide ongoing commercial services of its own.