Cantor Equity Partners V Inc. (NASDAQ:CEPV - Get Free Report) was the target of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 5,767 shares, a decrease of 35.2% from the August 15th total of 8,899 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 1,872 shares, the days-to-cover ratio is currently 3.1 days.
Cantor Equity Partners V Price Performance
Shares of NASDAQ CEPV opened at $10.33 on Thursday. The stock has a market capitalization of $328.52 million and a P/E ratio of 73.81. Cantor Equity Partners V has a one year low of $10.06 and a one year high of $10.50. The firm's 50 day simple moving average is $10.39 and its two-hundred day simple moving average is $10.28.
Cantor Equity Partners V (NASDAQ:CEPV - Get Free Report) last announced its quarterly earnings data on Friday, August 14th. The company reported $0.07 earnings per share for the quarter.
Institutional Trading of Cantor Equity Partners V
Institutional investors have recently added to or reduced their stakes in the business. Gladius Capital Management LP bought a new stake in Cantor Equity Partners V during the 4th quarter valued at $51,000. L1 Global Manager Pty Ltd purchased a new position in shares of Cantor Equity Partners V in the fourth quarter valued at about $256,000. Kryger Capital LLC purchased a new position in shares of Cantor Equity Partners V in the first quarter valued at about $260,000. Bank of America Corp DE bought a new position in shares of Cantor Equity Partners V during the first quarter valued at about $332,000. Finally, T3 Companies LLC bought a new position in shares of Cantor Equity Partners V during the fourth quarter valued at about $457,000.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings raised Cantor Equity Partners V from a "sell (e+)" rating to a "sell (d-)" rating in a research note on Monday, August 3rd. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has a consensus rating of "Sell".
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Cantor Equity Partners V Company Profile
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Cantor Equity Partners V is a special purpose acquisition company (SPAC) listed on the Nasdaq under the symbol CEPV. The company was formed to identify and complete a business combination, such as a merger, acquisition, or similar transaction, with one or more operating businesses.
Unlike an operating company, Cantor Equity Partners V does not currently provide products or services to customers and has no established commercial operations of its own. Its activities are focused on evaluating potential acquisition targets and completing a transaction that would result in a publicly traded operating company.
The company is affiliated with Cantor Fitzgerald, a global financial services firm that sponsors and manages investment and capital-markets businesses.
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