Cantor Equity Partners, Inc. (NASDAQ:CEPO) Short Interest Up 41.6% in January

Cantor Equity Partners, Inc. (NASDAQ:CEPOGet Free Report) was the target of a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 15,534 shares, an increase of 41.6% from the December 31st total of 10,974 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 34,774 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily trading volume, of 34,774 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.1% of the company’s stock are sold short.

Cantor Equity Partners Trading Down 0.2%

Shares of CEPO opened at $10.44 on Tuesday. The firm has a market cap of $266.22 million and a P/E ratio of 61.41. Cantor Equity Partners has a 12 month low of $10.06 and a 12 month high of $16.50. The stock’s 50 day moving average is $10.45 and its two-hundred day moving average is $10.56.

Cantor Equity Partners (NASDAQ:CEPOGet Free Report) last issued its quarterly earnings results on Friday, November 14th. The company reported $0.05 earnings per share (EPS) for the quarter.

Wall Street Analyst Weigh In

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

Read Our Latest Stock Report on Cantor Equity Partners

Insider Activity at Cantor Equity Partners

In related news, major shareholder Harraden Circle Investments, L sold 250,000 shares of Cantor Equity Partners stock in a transaction on Thursday, November 6th. The shares were sold at an average price of $10.43, for a total value of $2,607,500.00. Following the completion of the sale, the insider owned 2,048,679 shares of the company’s stock, valued at approximately $21,367,721.97. The trade was a 10.88% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Hedge Funds Weigh In On Cantor Equity Partners

Several institutional investors have recently bought and sold shares of CEPO. Jefferies Financial Group Inc. acquired a new position in shares of Cantor Equity Partners during the 2nd quarter worth $696,000. Harraden Circle Investments LLC raised its position in Cantor Equity Partners by 21.8% during the second quarter. Harraden Circle Investments LLC now owns 2,298,679 shares of the company’s stock worth $27,354,000 after acquiring an additional 412,079 shares during the last quarter. Patriot Financial Group Insurance Agency LLC purchased a new stake in shares of Cantor Equity Partners in the second quarter valued at about $515,000. DLD Asset Management LP acquired a new stake in shares of Cantor Equity Partners in the second quarter valued at approximately $924,000. Finally, Wealthspring Capital LLC grew its position in shares of Cantor Equity Partners by 626.0% in the second quarter. Wealthspring Capital LLC now owns 302,980 shares of the company’s stock valued at $3,605,000 after purchasing an additional 261,250 shares during the last quarter.

Cantor Equity Partners Company Profile

(Get Free Report)

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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