Cantor Equity Partners III, Inc. (NASDAQ:CAEP) Short Interest Up 87.2% in January

Cantor Equity Partners III, Inc. (NASDAQ:CAEP) was the target of a significant increase in short interest in January. As of January 15th, there was short interest totaling 8,432 shares, an increase of 87.2% from the December 31st total of 4,505 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 112,884 shares, the short-interest ratio is presently 0.1 days. Based on an average trading volume of 112,884 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Cantor Equity Partners III in a report on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has a consensus rating of “Sell”.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. FNY Investment Advisers LLC purchased a new stake in Cantor Equity Partners III in the 2nd quarter valued at approximately $87,000. Waratah Capital Advisors Ltd. acquired a new position in shares of Cantor Equity Partners III in the second quarter worth $106,000. Timelo Investment Management Inc. purchased a new stake in shares of Cantor Equity Partners III in the second quarter valued at $106,000. Fort Baker Capital Management LP acquired a new stake in shares of Cantor Equity Partners III during the second quarter valued at $106,000. Finally, Gabelli Funds LLC acquired a new position in Cantor Equity Partners III in the 2nd quarter valued at about $118,000.

Cantor Equity Partners III Stock Performance

Shares of CAEP opened at $10.23 on Friday. Cantor Equity Partners III has a twelve month low of $10.17 and a twelve month high of $11.09. The firm’s 50-day moving average is $10.21 and its two-hundred day moving average is $10.38.

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

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.