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

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

Hedge Funds Weigh In On Cantor Equity Partners

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

Cantor Equity Partners Price Performance

CEPO opened at $10.65 on Wednesday. Cantor Equity Partners has a fifty-two week low of $8.22 and a fifty-two week high of $16.50. The firm’s fifty day moving average price is $10.54 and its two-hundred day moving average price is $10.51. The company has a market capitalization of $271.57 million, a P/E ratio of -22.66 and a beta of 0.07.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on CEPO shares. Wall Street Zen upgraded Cantor Equity Partners to a “sell” rating in a research note on Saturday, June 20th. Weiss Ratings raised Cantor Equity Partners from a “sell (e+)” rating to a “sell (d-)” rating in a report on Thursday, May 14th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Cantor Equity Partners 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.