Cantor Equity Partners VI, Inc. (NASDAQ:CEPS – Get Free Report) saw a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 1,473 shares, a growth of 67.4% from the August 31st total of 880 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 5,793 shares, the days-to-cover ratio is presently 0.3 days.
Cantor Equity Partners VI Stock Performance
Shares of CEPS remained flat at $10.30 during trading hours on Wednesday. The company had a trading volume of 2,114 shares, compared to its average volume of 4,330. The stock has a 50-day moving average price of $10.33 and a 200-day moving average price of $10.26. Cantor Equity Partners VI has a 52-week low of $10.05 and a 52-week high of $10.45. The firm has a market capitalization of $151.15 million and a P/E ratio of 171.67.
Analyst Ratings Changes
Separately, Weiss Ratings raised Cantor Equity Partners VI from a “sell (e)” rating to a “sell (e+)” rating in a report on Friday, August 7th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has an average rating of “Sell”.
About Cantor Equity Partners VI
Cantor Equity Partners VI, Inc is a special purpose acquisition company (SPAC) listed on the Nasdaq Capital Market under the symbol CEPS. The company was formed to identify and complete a merger, acquisition, or similar business combination with one or more operating businesses.
Unlike an operating company, Cantor Equity Partners VI does not currently offer products or services to customers and does not have an established commercial business. Its principal activities generally involve evaluating potential acquisition targets, conducting due diligence, and negotiating a business combination.
The company has not publicly identified a completed acquisition or a specific operating industry, geographic market, or target business in the information available.
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