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Cantor Equity Partners, Inc. Class A Ordinary Shares (NASDAQ:CEP) Sees Large Volume Increase - What's Next?

Cantor Equity Partners, Inc. Class A Ordinary Shares logo with Financial Services background

Cantor Equity Partners, Inc. Class A Ordinary Shares (NASDAQ:CEP - Get Free Report) saw an uptick in trading volume on Friday . 2,299,136 shares changed hands during mid-day trading, an increase of 11% from the previous session's volume of 2,070,426 shares.The stock last traded at $54.81 and had previously closed at $50.00.

Cantor Equity Partners, Inc. Class A Ordinary Shares Price Performance

The company's 50 day moving average price is $14.85 and its two-hundred day moving average price is $11.89.

Hedge Funds Weigh In On Cantor Equity Partners, Inc. Class A Ordinary Shares

Several institutional investors have recently bought and sold shares of CEP. Toronto Dominion Bank purchased a new position in shares of Cantor Equity Partners, Inc. Class A Ordinary Shares in the 4th quarter valued at $2,742,000. D. E. Shaw & Co. Inc. lifted its holdings in Cantor Equity Partners, Inc. Class A Ordinary Shares by 119.6% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 183,593 shares of the company's stock valued at $1,895,000 after acquiring an additional 100,000 shares during the period. Bulldog Investors LLP boosted its stake in shares of Cantor Equity Partners, Inc. Class A Ordinary Shares by 186.9% during the 4th quarter. Bulldog Investors LLP now owns 387,382 shares of the company's stock worth $4,009,000 after acquiring an additional 252,357 shares in the last quarter. Harraden Circle Investments LLC acquired a new stake in shares of Cantor Equity Partners, Inc. Class A Ordinary Shares in the fourth quarter valued at approximately $10,390,000. Finally, Rangeley Capital LLC purchased a new position in Cantor Equity Partners, Inc. Class A Ordinary Shares during the fourth quarter worth $275,000.

Cantor Equity Partners, Inc. Class A Ordinary Shares Company Profile

(Get Free Report)

Cantor Equity Partners, Inc operates as a blank check company. It was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded on November 11, 2020 and is headquartered in New York, NY.

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