Cantor Equity Partners, Inc. (NASDAQ:CEPO – Get Free Report) saw a significant decline in short interest in the month of February. As of February 27th, there was short interest totaling 13,093 shares, a decline of 30.2% from the February 12th total of 18,755 shares. Based on an average daily trading volume, of 32,173 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.1% of the company’s shares are short sold. Currently, 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 32,173 shares, the days-to-cover ratio is currently 0.4 days.
Cantor Equity Partners Stock Down 0.1%
Shares of CEPO stock traded down $0.01 during mid-day trading on Friday, reaching $10.48. 14,004 shares of the company’s stock traded hands, compared to its average volume of 22,304. The company’s 50-day moving average price is $10.46 and its 200-day moving average price is $10.45. The company has a market cap of $267.24 million, a P/E ratio of 61.65 and a beta of -0.23. Cantor Equity Partners has a 12 month low of $10.11 and a 12 month high of $16.50.
Cantor Equity Partners (NASDAQ:CEPO – Get Free Report) last issued its quarterly earnings results on Friday, February 27th. The company reported ($0.44) earnings per share (EPS) for the quarter.
Analyst Ratings Changes
Read Our Latest Stock Analysis on CEPO
Hedge Funds Weigh In On Cantor Equity Partners
Institutional investors and hedge funds have recently made changes to their positions in the business. Lineage Point Capital LP bought a new stake in shares of Cantor Equity Partners in the 4th quarter worth approximately $124,000. Radcliffe Capital Management L.P. purchased a new stake in shares of Cantor Equity Partners in the 3rd quarter worth approximately $136,000. Whalen Wealth Management Inc. bought a new position in Cantor Equity Partners during the 3rd quarter valued at approximately $140,000. Qube Research & Technologies Ltd purchased a new position in Cantor Equity Partners during the second quarter valued at $155,000. Finally, Clear Street Group Inc. purchased a new position in Cantor Equity Partners during the third quarter valued at $157,000.
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.
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