Cantor Equity Partners, Inc. (NASDAQ:CEPO) Sees Significant Increase in Short Interest

Cantor Equity Partners, Inc. (NASDAQ:CEPO) was the recipient of a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 26,349 shares, a growth of 69.6% from the January 15th total of 15,534 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 27,044 shares, the short-interest ratio is currently 1.0 days. Based on an average daily volume of 27,044 shares, the short-interest ratio is currently 1.0 days. Currently, 0.1% of the company’s shares are sold short.

Institutional Investors Weigh In On Cantor Equity Partners

Large investors have recently bought and sold shares of the stock. Millennium Management LLC bought a new stake in Cantor Equity Partners in the first quarter valued at $4,085,000. Cannon Global Investment Management LLC acquired a new stake in shares of Cantor Equity Partners in the 2nd quarter valued at about $657,000. Wealthspring Capital LLC increased its position in Cantor Equity Partners by 626.0% in the 2nd quarter. Wealthspring Capital LLC now owns 302,980 shares of the company’s stock valued at $3,605,000 after buying an additional 261,250 shares in the last quarter. Pekin Hardy Strauss Inc. bought a new stake in Cantor Equity Partners in the 2nd quarter valued at about $232,000. Finally, Penserra Capital Management LLC acquired a new position in Cantor Equity Partners during the 2nd quarter worth approximately $219,000.

Cantor Equity Partners Stock Performance

Shares of CEPO stock opened at $10.44 on Friday. Cantor Equity Partners has a fifty-two week low of $10.08 and a fifty-two week high of $16.50. The stock has a 50 day simple moving average of $10.45 and a two-hundred day simple moving average of $10.49. The company has a market cap of $266.22 million and a P/E ratio of 61.41.

Cantor Equity Partners (NASDAQ:CEPO) last announced its quarterly earnings data on Friday, November 14th. The company reported $0.05 EPS for the quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Cantor Equity Partners in a research report on Friday, January 9th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Cantor Equity Partners presently has an average rating of “Sell”.

About Cantor Equity Partners

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.