Cantor Equity Partners VI, Inc. (NASDAQ:CEPS) Sees Large Increase in Short Interest

Cantor Equity Partners VI, Inc. (NASDAQ:CEPS) was the target of a large increase in short interest in May. As of May 29th, there was short interest totaling 7,024 shares, an increase of 242.1% from the May 14th total of 2,053 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 32,616 shares, the short-interest ratio is currently 0.2 days.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on CEPS. Wall Street Zen raised shares of Cantor Equity Partners VI to a “hold” rating in a research report on Saturday, February 14th. Weiss Ratings assumed coverage on Cantor Equity Partners VI in a research note on Wednesday, April 29th. They issued a “sell (e)” rating on the stock. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has an average rating of “Sell”.

Cantor Equity Partners VI Price Performance

CEPS traded up $0.08 during trading on Thursday, hitting $10.33. The company had a trading volume of 1,008 shares, compared to its average volume of 36,182. Cantor Equity Partners VI has a 1-year low of $10.05 and a 1-year high of $10.31. The stock has a 50-day moving average of $10.17.