Short Interest in CEPF (NASDAQ:CEPF) Declines By 48.4%

CEPF (NASDAQ:CEPF) was the recipient of a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 4,211 shares, a drop of 48.4% from the July 15th total of 8,163 shares. Based on an average trading volume of 39,883 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are short sold.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of CEPF in a research note on Wednesday, July 29th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, CEPF currently has a consensus rating of “Sell”.

CEPF Stock Up 0.4%

CEPF traded up $0.04 during trading on Tuesday, reaching $10.39. The company had a trading volume of 1,252 shares, compared to its average volume of 79,149. The business has a 50 day simple moving average of $10.39 and a 200-day simple moving average of $10.34. The stock has a market cap of $593.79 million and a P/E ratio of 148.43. CEPF has a 52 week low of $10.09 and a 52 week high of $10.67.

CEPF Company Profile

Cantor Equity Partners IV Inc is a blank check company. It formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Cantor Equity Partners IV Inc is based in NEW YORK.