Cantor Equity Partners II Inc. (NASDAQ:CEPT) Short Interest Up 42.3% in March

Cantor Equity Partners II Inc. (NASDAQ:CEPT) was the recipient of a significant growth in short interest in the month of March. As of March 13th, there was short interest totaling 438,270 shares, a growth of 42.3% from the February 26th total of 308,013 shares. Based on an average daily trading volume, of 284,583 shares, the short-interest ratio is currently 1.5 days. Approximately 1.4% of the shares of the company are sold short.

Institutional Trading of Cantor Equity Partners II

A number of hedge funds and other institutional investors have recently made changes to their positions in CEPT. Harraden Circle Investments LLC acquired a new stake in Cantor Equity Partners II during the second quarter valued at approximately $24,314,000. Highbridge Capital Management LLC bought a new position in shares of Cantor Equity Partners II in the fourth quarter valued at $14,885,000. Meteora Capital LLC bought a new position in shares of Cantor Equity Partners II in the second quarter valued at $12,277,000. Jane Street Group LLC acquired a new stake in shares of Cantor Equity Partners II during the 2nd quarter valued at $7,682,000. Finally, Alyeska Investment Group L.P. boosted its stake in shares of Cantor Equity Partners II by 57.4% during the 4th quarter. Alyeska Investment Group L.P. now owns 1,763,546 shares of the company’s stock worth $19,858,000 after acquiring an additional 642,845 shares in the last quarter.

Cantor Equity Partners II Stock Down 0.3%

CEPT stock traded down $0.03 during trading on Monday, reaching $10.84. 91,415 shares of the company’s stock were exchanged, compared to its average volume of 551,322. Cantor Equity Partners II has a 1-year low of $10.32 and a 1-year high of $13.74. The company’s fifty day moving average price is $11.49 and its 200-day moving average price is $11.29. The firm has a market cap of $331.49 million and a PE ratio of -57.05.

Cantor Equity Partners II (NASDAQ:CEPT) last issued its quarterly earnings results on Friday, March 6th. The company reported ($0.19) EPS for the quarter. The firm had revenue of $2.39 million during the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (e)” rating on shares of Cantor Equity Partners II in a research report on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has a consensus rating of “Sell”.

Cantor Equity Partners II Company Profile

Cantor Equity Partners II (NASDAQ: CEPT) is a closed-end management investment company that focuses on providing customized capital solutions to private, middle-market companies in the United States. Listed on the Nasdaq, CEPT seeks to deliver attractive risk-adjusted returns by investing across a spectrum of debt and equity instruments. Its portfolio may include senior secured loans, subordinated and mezzanine debt, preferred equity, and common equity, allowing it to tailor financing structures to meet the specific growth, acquisition or recapitalization needs of its portfolio companies.

As a business development company registered under the Investment Company Act of 1940, CEPT targets U.S.