Cantor Equity Partners II Inc. (NASDAQ:CEPT) Sees Large Increase in Short Interest

Key Points

• 42.3% increase in short interest in March — short interest rose to 438,270 shares (about 1.4% of shares) with a short-interest ratio of roughly 1.5 days based on average daily volume.
• Analyst sentiment is negative: Weiss Ratings reiterated a "Sell" rating and the stock's consensus rating on MarketBeat is currently "Sell."
• Recent results and valuation: CEPT reported a ($0.19) EPS loss on $2.39 million in quarterly revenue and trades near $10.87 with a market cap of about $332 million and a negative PE (-57.21).

Cantor Equity Partners II Inc. (NASDAQ:CEPT - Get Free Report) was the target of a significant growth in short interest during 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. Currently, 1.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 284,583 shares, the short-interest ratio is presently 1.5 days.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Clear Street LLC purchased a new stake in Cantor Equity Partners II in the second quarter valued at $119,000. Clear Street Group Inc. purchased a new position in shares of Cantor Equity Partners II during the 3rd quarter worth $119,000. Permanent Capital Management LP acquired a new stake in shares of Cantor Equity Partners II during the 3rd quarter worth about $149,000. Virtu Financial LLC acquired a new stake in shares of Cantor Equity Partners II during the 4th quarter worth about $160,000. Finally, Hunting Hill Global Capital LLC purchased a new stake in Cantor Equity Partners II in the 2nd quarter valued at about $183,000.

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 analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has an average rating of "Sell".

Cantor Equity Partners II Price Performance

Shares of CEPT stock opened at $10.87 on Friday. The company has a market capitalization of $332.40 million and a PE ratio of -57.21. The firm's 50-day moving average is $11.49 and its two-hundred day moving average is $11.28. Cantor Equity Partners II has a 12 month low of $10.32 and a 12 month high of $13.74.

Cantor Equity Partners II (NASDAQ:CEPT - Get Free Report) last posted its quarterly earnings results on Friday, March 6th. The company reported ($0.19) earnings per share for the quarter. The firm had revenue of $2.39 million for the quarter.

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.

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