Cantor Equity Partners II (NASDAQ:CEPT) Trading Up 0.9% – What’s Next?

Cantor Equity Partners II Inc. (NASDAQ:CEPT)’s stock price was up 0.9% during mid-day trading on Tuesday . The company traded as high as $10.46 and last traded at $10.46. Approximately 38,127 shares were traded during trading, a decline of 71% from the average daily volume of 130,154 shares. The stock had previously closed at $10.37.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen lowered shares of Cantor Equity Partners II from a “hold” rating to a “sell” rating in a research note on Saturday, June 14th.

Cantor Equity Partners II Price Performance

The company has a 50-day moving average price of $10.78.

Hedge Funds Weigh In On Cantor Equity Partners II

A number of institutional investors and hedge funds have recently made changes to their positions in CEPT. Patriot Financial Group Insurance Agency LLC acquired a new position in shares of Cantor Equity Partners II during the second quarter worth about $290,000. Tuttle Capital Management LLC acquired a new position in Cantor Equity Partners II in the second quarter valued at approximately $496,000. Cannon Global Investment Management LLC acquired a new position in Cantor Equity Partners II in the second quarter valued at approximately $247,000. FNY Investment Advisers LLC acquired a new position in Cantor Equity Partners II in the second quarter valued at approximately $101,000. Finally, Wolverine Asset Management LLC acquired a new position in Cantor Equity Partners II in the second quarter valued at approximately $1,198,000.

Cantor Equity Partners II Company Profile

Cantor Equity Partners II, Inc is a blank check company. The company was founded on November 11, 2020 and is headquartered in New York, NY