CEPF (NASDAQ:CEPF) Short Interest Down 48.4% in July

CEPF (NASDAQ:CEPF) was the recipient of a large drop in short interest in July. As of July 31st, there was short interest totaling 4,211 shares, a drop of 48.4% from the July 15th total of 8,163 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 39,883 shares, the days-to-cover ratio is presently 0.1 days.

CEPF Stock Performance

Shares of CEPF stock traded down $0.07 during mid-day trading on Monday, reaching $10.35. 720,856 shares of the company were exchanged, compared to its average volume of 79,662. The company has a market capitalization of $591.50 million and a P/E ratio of 147.86. CEPF has a fifty-two week low of $10.09 and a fifty-two week high of $10.67. The business’s 50 day simple moving average is $10.39 and its 200 day simple moving average is $10.34.

CEPF (NASDAQ:CEPF) last announced its quarterly earnings results on Thursday, March 26th. The company reported $0.13 earnings per share (EPS) for the quarter.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of CEPF in a report on Wednesday, July 29th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has a consensus rating of “Sell”.

CEPF Company Profile

Cantor Equity Partners IV Inc is a blank check company. It formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Cantor Equity Partners IV Inc is based in NEW YORK.