Short Interest in Cantor Equity Partners II Inc. (NASDAQ:CEPT) Rises By 44.3%

Cantor Equity Partners II Inc. (NASDAQ:CEPT) was the recipient of a large increase in short interest in April. As of April 15th, there was short interest totaling 793,717 shares, an increase of 44.3% from the March 31st total of 550,237 shares. Based on an average daily volume of 525,993 shares, the short-interest ratio is presently 1.5 days. Approximately 2.6% of the company’s shares are sold short.

Cantor Equity Partners II Stock Up 4.6%

Shares of Cantor Equity Partners II stock traded up $0.51 on Wednesday, hitting $11.57. 1,289,248 shares of the company traded hands, compared to its average volume of 544,609. The company has a 50-day moving average price of $11.07 and a 200 day moving average price of $11.34. Cantor Equity Partners II has a 12-month low of $10.32 and a 12-month high of $13.74. The company has a market cap of $353.81 million and a PE ratio of -61.02.

Cantor Equity Partners II (NASDAQ:CEPT) last posted 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 for the quarter.

Analyst Upgrades and Downgrades

Separately, Benchmark assumed coverage on shares of Cantor Equity Partners II in a research report on Tuesday, March 31st. They set a “buy” rating and a $16.00 price objective on the stock. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $16.00.

Hedge Funds Weigh In On Cantor Equity Partners II

Several institutional investors and hedge funds have recently modified their holdings of the stock. Harraden Circle Investments LLC grew its holdings in shares of Cantor Equity Partners II by 10.7% during the 3rd quarter. Harraden Circle Investments LLC now owns 2,440,394 shares of the company’s stock valued at $25,649,000 after acquiring an additional 236,050 shares in the last quarter. Alyeska Investment Group L.P. grew its holdings 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 valued at $19,858,000 after acquiring an additional 642,845 shares in the last quarter. Highbridge Capital Management LLC purchased a new position in shares of Cantor Equity Partners II during the 4th quarter valued at $14,885,000. Meteora Capital LLC grew its holdings in shares of Cantor Equity Partners II by 15.8% during the 3rd quarter. Meteora Capital LLC now owns 1,289,164 shares of the company’s stock valued at $13,549,000 after acquiring an additional 176,079 shares in the last quarter. Finally, Jane Street Group LLC purchased a new position in shares of Cantor Equity Partners II during the 2nd quarter valued at $7,682,000.

About Cantor Equity Partners II

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.