Cantor Equity Partners III, Inc. (NASDAQ:CAEP) Sees Significant Drop in Short Interest

Cantor Equity Partners III, Inc. (NASDAQ:CAEP) was the target of a significant decline in short interest during the month of December. As of December 31st, there was short interest totaling 4,505 shares, a decline of 64.7% from the December 15th total of 12,769 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 98,986 shares, the short-interest ratio is presently 0.0 days. Based on an average daily trading volume, of 98,986 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Institutional Investors Weigh In On Cantor Equity Partners III

Large investors have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. raised its stake in Cantor Equity Partners III by 11.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 418,112 shares of the company’s stock valued at $4,315,000 after buying an additional 42,185 shares during the last quarter. FNY Investment Advisers LLC grew its holdings in shares of Cantor Equity Partners III by 43.9% in the third quarter. FNY Investment Advisers LLC now owns 11,997 shares of the company’s stock worth $123,000 after acquiring an additional 3,662 shares during the period. Meteora Capital LLC increased its position in Cantor Equity Partners III by 13.6% during the third quarter. Meteora Capital LLC now owns 1,452,283 shares of the company’s stock valued at $14,988,000 after acquiring an additional 173,709 shares during the last quarter. Susquehanna International Group LLP purchased a new stake in Cantor Equity Partners III during the third quarter valued at $290,000. Finally, Prelude Capital Management LLC bought a new position in Cantor Equity Partners III in the third quarter valued at about $301,000.

Cantor Equity Partners III Price Performance

NASDAQ CAEP opened at $10.23 on Tuesday. Cantor Equity Partners III has a one year low of $10.17 and a one year high of $11.09. The stock has a 50-day simple moving average of $10.23.

Cantor Equity Partners III (NASDAQ:CAEP) last announced its quarterly earnings results on Friday, November 14th. The company reported $0.08 earnings per share (EPS) for the quarter.

Wall Street Analyst Weigh In

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

Cantor Equity Partners III Company Profile

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.