Cantor Equity Partners, Inc. (NASDAQ:CEPO) Short Interest Up 69.6% in September

Key Points

• Short interest in Cantor Equity Partners, Inc. increased by 69.6% in September, rising to a total of 23,400 shares.
• Institutional investors have been active, with notable purchases including Whalen Wealth Management acquiring shares valued at $140,000 in the third quarter.
• Cantor Equity Partners' stock is currently rated as "Sell" by analysts, with an average stock price of $10.51 as of the latest report.

Cantor Equity Partners, Inc. (NASDAQ:CEPO - Get Free Report) was the target of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 23,400 shares, an increase of 69.6% from the September 15th total of 13,800 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 549,300 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily volume of 549,300 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.1% of the shares of the stock are short sold.

Hedge Funds Weigh In On Cantor Equity Partners

Institutional investors have recently bought and sold shares of the business. Quarry LP bought a new position in Cantor Equity Partners during the first quarter valued at $78,000. PenderFund Capital Management Ltd. bought a new position in Cantor Equity Partners during the first quarter valued at $102,000. Whalen Wealth Management Inc. bought a new position in Cantor Equity Partners during the third quarter valued at $140,000. Qube Research & Technologies Ltd bought a new stake in shares of Cantor Equity Partners in the 2nd quarter worth about $155,000. Finally, Penserra Capital Management LLC bought a new stake in shares of Cantor Equity Partners in the 2nd quarter worth about $219,000.

Cantor Equity Partners Stock Down 0.2%

CEPO opened at $10.51 on Tuesday. Cantor Equity Partners has a fifty-two week low of $10.04 and a fifty-two week high of $16.50. The company has a fifty day moving average of $10.49 and a 200 day moving average of $11.28.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a "sell (d-)" rating on shares of Cantor Equity Partners in a research report on Tuesday, October 14th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Cantor Equity Partners presently has an average rating of "Sell".

Cantor Equity Partners Company Profile

Cantor Equity Partners I, Inc is a blank check company. It was formed for the purpose of effecting a merger, share exchange, asset acquisition, share 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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