Cantor Equity Partners III, Inc. (NASDAQ:CAEP) Short Interest Update

Cantor Equity Partners III, Inc. (NASDAQ:CAEP) was the recipient of a significant decrease in short interest in January. As of January 30th, there was short interest totaling 4,314 shares, a decrease of 48.8% from the January 15th total of 8,432 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 56,453 shares, the short-interest ratio is currently 0.1 days. Based on an average daily trading volume, of 56,453 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Cantor Equity Partners III Stock Up 0.1%

CAEP stock traded up $0.01 during midday trading on Thursday, reaching $10.24. 34,424 shares of the company’s stock traded hands, compared to its average volume of 81,697. Cantor Equity Partners III has a 52-week low of $10.17 and a 52-week high of $11.09. The stock’s 50-day moving average is $10.22 and its 200 day moving average is $10.35.

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

Wall Street Analysts Forecast Growth

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 data from MarketBeat, Cantor Equity Partners III presently has a consensus rating of “Sell”.

Hedge Funds Weigh In On Cantor Equity Partners III

Hedge funds have recently modified their holdings of the company. Harraden Circle Investments LLC purchased a new position in shares of Cantor Equity Partners III during the 2nd quarter valued at $14,411,000. Meteora Capital LLC bought a new stake in Cantor Equity Partners III during the 2nd quarter valued at approximately $13,489,000. Jane Street Group LLC bought a new position in Cantor Equity Partners III in the 2nd quarter worth approximately $10,569,000. MMCAP International Inc. SPC purchased a new stake in Cantor Equity Partners III during the 2nd quarter valued at approximately $7,912,000. Finally, Highbridge Capital Management LLC bought a new stake in shares of Cantor Equity Partners III during the fourth quarter valued at approximately $7,246,000.

About Cantor Equity Partners III

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.