Cantor Equity Partners III, Inc. (NASDAQ:CAEP) Short Interest Up 899.8% in February

Cantor Equity Partners III, Inc. (NASDAQ:CAEP) saw a large growth in short interest in the month of February. As of February 27th, there was short interest totaling 55,160 shares, a growth of 899.8% from the February 12th total of 5,517 shares. Based on an average trading volume of 93,996 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.2% of the shares of the company are short sold. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 93,996 shares, the days-to-cover ratio is currently 0.6 days.

Cantor Equity Partners III Price Performance

NASDAQ:CAEP traded down $0.01 during mid-day trading on Tuesday, reaching $10.25. 47,950 shares of the stock were exchanged, compared to its average volume of 97,803. The business has a fifty day moving average price of $10.23 and a 200 day moving average price of $10.31. Cantor Equity Partners III has a 1-year low of $10.17 and a 1-year high of $11.09.

Institutional Investors Weigh In On Cantor Equity Partners III

A number of institutional investors and hedge funds have recently modified their holdings of CAEP. Calamos Advisors LLC purchased a new stake in shares of Cantor Equity Partners III in the second quarter valued at $260,000. Alberta Investment Management Corp purchased a new position in shares of Cantor Equity Partners III during the second quarter valued at $5,275,000. Waratah Capital Advisors Ltd. acquired a new position in Cantor Equity Partners III during the second quarter valued at $106,000. Mint Tower Capital Management B.V. acquired a new position in Cantor Equity Partners III during the second quarter valued at $4,220,000. Finally, Highbridge Capital Management LLC purchased a new stake in shares of Cantor Equity Partners III in the second quarter worth approximately $2,110,000.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Cantor Equity Partners III in a report on Monday, December 29th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has an average rating of “Sell”.

About Cantor Equity Partners III

Cantor Equity Partners III (NASDAQ: CAEP) is a special purpose acquisition company sponsored by Cantor Fitzgerald, a leading global financial services firm headquartered in New York City. Formed through an initial public offering in 2021, the company’s sole purpose is to identify, negotiate and complete a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Cantor Equity Partners III provides its management team with the capital base to pursue attractive acquisition targets in both public and private markets.

The company focuses on sectors where its sponsors and management team have deep expertise, including financial services, technology, healthcare and other growth industries.