Cantor Equity Partners, Inc. (NASDAQ:CEPO) Short Interest Up 521.1% in April

Cantor Equity Partners, Inc. (NASDAQ:CEPO) was the recipient of a large growth in short interest in April. As of April 15th, there was short interest totaling 78,299 shares, a growth of 521.1% from the March 31st total of 12,606 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average daily volume of 88,160 shares, the days-to-cover ratio is currently 0.9 days.

Hedge Funds Weigh In On Cantor Equity Partners

Institutional investors and hedge funds have recently bought and sold shares of the business. Polar Asset Management Partners Inc. bought a new stake in shares of Cantor Equity Partners in the 3rd quarter valued at approximately $2,615,000. BCK Capital Management LP bought a new stake in shares of Cantor Equity Partners in the 3rd quarter valued at approximately $1,261,000. Hudson Bay Capital Management LP bought a new stake in shares of Cantor Equity Partners in the 3rd quarter valued at approximately $52,300,000. FNY Investment Advisers LLC bought a new stake in shares of Cantor Equity Partners in the 3rd quarter valued at approximately $1,066,000. Finally, Cannon Global Investment Management LLC grew its stake in shares of Cantor Equity Partners by 14.1% in the 4th quarter. Cannon Global Investment Management LLC now owns 102,500 shares of the company’s stock valued at $1,067,000 after buying an additional 12,700 shares in the last quarter.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the company. Wall Street Zen cut Cantor Equity Partners to a “strong sell” rating in a research note on Saturday, March 21st. Weiss Ratings reissued a “sell (d-)” rating on shares of Cantor Equity Partners in a research note on Friday, January 9th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has an average rating of “Sell”.

Cantor Equity Partners Price Performance

NASDAQ:CEPO opened at $10.59 on Friday. Cantor Equity Partners has a fifty-two week low of $10.27 and a fifty-two week high of $16.50. The stock’s 50-day moving average is $10.51 and its two-hundred day moving average is $10.47. The stock has a market cap of $270.05 million, a PE ratio of -39.22 and a beta of -0.17.

Cantor Equity Partners (NASDAQ:CEPO) last released its earnings results on Friday, February 27th. The company reported ($0.44) earnings per share for the quarter.

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.