Cantor Equity Partners, Inc. (NASDAQ:CEPO) Short Interest Update

Cantor Equity Partners, Inc. (NASDAQ:CEPO) was the target of a significant decrease in short interest in April. As of April 30th, there was short interest totaling 17,962 shares, a decrease of 77.1% from the April 15th total of 78,299 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 21,425 shares, the days-to-cover ratio is currently 0.8 days.

Analyst Ratings Changes

Separately, Wall Street Zen raised Cantor Equity Partners from a “strong sell” rating to a “sell” rating in a report on Saturday, May 9th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has an average rating of “Sell”.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Lineage Point Capital LP bought a new stake in shares of Cantor Equity Partners in the 4th quarter valued at $124,000. Radcliffe Capital Management L.P. acquired a new position in Cantor Equity Partners in the third quarter valued at approximately $136,000. Qube Research & Technologies Ltd purchased a new position in shares of Cantor Equity Partners in the 2nd quarter worth approximately $155,000. Clear Street Group Inc. purchased a new position in shares of Cantor Equity Partners in the 3rd quarter worth approximately $157,000. Finally, Prelude Capital Management LLC purchased a new position in shares of Cantor Equity Partners in the 3rd quarter worth approximately $261,000.

Cantor Equity Partners Price Performance

Shares of CEPO traded up $0.02 on Thursday, reaching $10.59. The company’s stock had a trading volume of 9,906 shares, compared to its average volume of 37,734. The stock has a market capitalization of $269.92 million, a P/E ratio of -22.52 and a beta of -0.09. Cantor Equity Partners has a 12-month low of $10.27 and a 12-month high of $16.50. The stock’s 50 day simple moving average is $10.54 and its two-hundred day simple moving average is $10.48.

Cantor Equity Partners (NASDAQ:CEPO) last released its quarterly earnings data on Monday, May 4th. The company reported ($0.16) EPS for the quarter.

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.