Short Interest in Cantor Equity Partners, Inc. (NASDAQ:CEPO) Declines By 17.4%

Cantor Equity Partners, Inc. (NASDAQ:CEPO) was the target of a significant decrease in short interest in the month of December. As of December 31st, there was short interest totaling 10,974 shares, a decrease of 17.4% from the December 15th total of 13,280 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 183,290 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 183,290 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Insiders Place Their Bets

In related news, major shareholder Harraden Circle Investments, L sold 250,000 shares of the firm’s stock in a transaction dated Thursday, November 6th. The stock was sold at an average price of $10.43, for a total transaction of $2,607,500.00. Following the completion of the transaction, the insider owned 2,048,679 shares of the company’s stock, valued at $21,367,721.97. This trade represents a 10.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in CEPO. FNY Investment Advisers LLC raised its holdings in shares of Cantor Equity Partners by 8.5% during the fourth quarter. FNY Investment Advisers LLC now owns 110,600 shares of the company’s stock valued at $1,152,000 after acquiring an additional 8,630 shares during the period. Hudson Bay Capital Management LP purchased a new position in Cantor Equity Partners during the 3rd quarter worth approximately $52,300,000. Polar Asset Management Partners Inc. purchased a new position in Cantor Equity Partners during the 3rd quarter worth approximately $2,615,000. Meteora Capital LLC raised its stake in Cantor Equity Partners by 179.5% during the 3rd quarter. Meteora Capital LLC now owns 301,844 shares of the company’s stock valued at $3,157,000 after purchasing an additional 193,840 shares during the period. Finally, SIH Partners LLLP purchased a new stake in shares of Cantor Equity Partners in the third quarter valued at $617,000.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed 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, According to data from MarketBeat, the company has a consensus rating of “Sell”.

Cantor Equity Partners Stock Up 0.6%

Shares of NASDAQ CEPO opened at $10.52 on Wednesday. The stock has a market capitalization of $268.26 million and a price-to-earnings ratio of 61.88. The stock’s fifty day simple moving average is $10.43 and its 200 day simple moving average is $10.70. Cantor Equity Partners has a 52-week low of $10.05 and a 52-week high of $16.50.

Cantor Equity Partners (NASDAQ:CEPO) last announced its earnings results on Friday, November 14th. The company reported $0.05 EPS for the quarter.

Cantor Equity Partners Company Profile

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.