Short Interest in Cantor Equity Partners, Inc. (NASDAQ:CEPO) Decreases By 45.7%

Cantor Equity Partners, Inc. (NASDAQ:CEPO) saw a significant decrease in short interest in the month of June. As of June 30th, there was short interest totaling 114,472 shares, a decrease of 45.7% from the June 15th total of 211,008 shares. Based on an average trading volume of 263,462 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.4% of the company’s stock are sold short.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Hudson Bay Capital Management LP acquired a new stake in Cantor Equity Partners in the third quarter worth about $52,300,000. Anson Funds Management LP acquired a new position in shares of Cantor Equity Partners during the fourth quarter valued at about $21,234,000. Pantera Capital Partners LP purchased a new position in shares of Cantor Equity Partners in the 3rd quarter valued at approximately $15,690,000. Crossingbridge Advisors LLC purchased a new position in shares of Cantor Equity Partners in the 4th quarter valued at approximately $9,512,000. Finally, Berkley W R Corp boosted its stake in Cantor Equity Partners by 467.6% in the 4th quarter. Berkley W R Corp now owns 970,527 shares of the company’s stock worth $10,103,000 after purchasing an additional 799,533 shares in the last quarter.

Cantor Equity Partners Price Performance

CEPO remained flat at $10.64 on Friday. The company’s stock had a trading volume of 17,333 shares, compared to its average volume of 59,934. The stock has a market cap of $271.32 million, a PE ratio of -22.64 and a beta of 0.07. The company has a 50-day simple moving average of $10.54 and a two-hundred day simple moving average of $10.51. Cantor Equity Partners has a 52 week low of $8.22 and a 52 week high of $14.68.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the stock. Weiss Ratings raised shares of Cantor Equity Partners from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Thursday, May 14th. Wall Street Zen raised shares of Cantor Equity Partners to a “sell” rating in a research report on Saturday, June 20th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has a consensus rating of “Sell”.

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.