Cantor Equity Partners II Inc. (NASDAQ:CEPT – Get Free Report) was the recipient of a large increase in short interest during the month of February. As of February 13th, there was short interest totaling 222,723 shares, an increase of 215.3% from the January 29th total of 70,632 shares. Based on an average daily volume of 442,766 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.7% of the shares of the stock are short sold. Approximately 0.7% of the shares of the stock are short sold. Based on an average daily volume of 442,766 shares, the days-to-cover ratio is presently 0.5 days.
Institutional Investors Weigh In On Cantor Equity Partners II
Several hedge funds and other institutional investors have recently bought and sold shares of the company. JPMorgan Chase & Co. boosted its holdings in Cantor Equity Partners II by 0.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 150,772 shares of the company’s stock valued at $1,591,000 after purchasing an additional 1,004 shares during the last quarter. Jefferies Financial Group Inc. raised its position in shares of Cantor Equity Partners II by 0.5% during the 3rd quarter. Jefferies Financial Group Inc. now owns 195,320 shares of the company’s stock valued at $2,053,000 after buying an additional 1,020 shares during the period. Hunting Hill Global Capital LLC raised its position in shares of Cantor Equity Partners II by 9.0% during the 3rd quarter. Hunting Hill Global Capital LLC now owns 18,105 shares of the company’s stock valued at $190,000 after buying an additional 1,500 shares during the period. Schonfeld Strategic Advisors LLC lifted its holdings in Cantor Equity Partners II by 2.0% in the third quarter. Schonfeld Strategic Advisors LLC now owns 122,366 shares of the company’s stock valued at $1,286,000 after acquiring an additional 2,366 shares during the last quarter. Finally, BCK Capital Management LP lifted its holdings in Cantor Equity Partners II by 10.2% in the third quarter. BCK Capital Management LP now owns 68,864 shares of the company’s stock valued at $724,000 after acquiring an additional 6,364 shares during the last quarter.
Analyst Ratings Changes
Separately, Weiss Ratings reaffirmed a “sell (e)” rating on shares of Cantor Equity Partners II in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has an average rating of “Sell”.
Cantor Equity Partners II Price Performance
NASDAQ CEPT opened at $11.45 on Thursday. The stock’s fifty day moving average is $11.59 and its two-hundred day moving average is $11.22. Cantor Equity Partners II has a fifty-two week low of $10.32 and a fifty-two week high of $13.74.
About Cantor Equity Partners II
Cantor Equity Partners II (NASDAQ: CEPT) is a closed-end management investment company that focuses on providing customized capital solutions to private, middle-market companies in the United States. Listed on the Nasdaq, CEPT seeks to deliver attractive risk-adjusted returns by investing across a spectrum of debt and equity instruments. Its portfolio may include senior secured loans, subordinated and mezzanine debt, preferred equity, and common equity, allowing it to tailor financing structures to meet the specific growth, acquisition or recapitalization needs of its portfolio companies.
As a business development company registered under the Investment Company Act of 1940, CEPT targets U.S.
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