Cantor Equity Partners II Inc. (NASDAQ:CEPT) Short Interest Update
by Danessa Lincoln · The Markets DailyCantor Equity Partners II Inc. (NASDAQ:CEPT – Get Free Report) saw a significant increase in short interest in December. As of December 15th, there was short interest totaling 42,681 shares, an increase of 490.3% from the November 30th total of 7,230 shares. Based on an average daily trading volume, of 269,387 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are sold short. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 269,387 shares, the short-interest ratio is currently 0.2 days.
Cantor Equity Partners II Price Performance
Cantor Equity Partners II stock opened at $11.14 on Friday. Cantor Equity Partners II has a fifty-two week low of $10.32 and a fifty-two week high of $13.25. The stock has a 50-day simple moving average of $11.21 and a 200-day simple moving average of $11.04.
Cantor Equity Partners II (NASDAQ:CEPT – Get Free Report) last issued its quarterly earnings data on Friday, November 14th. The company reported $0.08 earnings per share for the quarter. The firm had revenue of $2.56 million during the quarter.
Analyst Ratings Changes
Separately, Weiss Ratings restated a “sell (e)” rating on shares of Cantor Equity Partners II in a research note on Monday. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Sell”.
Read Our Latest Report on CEPT
Institutional Investors Weigh In On Cantor Equity Partners II
A number of institutional investors and hedge funds have recently made changes to their positions in the business. FNY Investment Advisers LLC purchased a new position in shares of Cantor Equity Partners II during the second quarter worth about $101,000. Clear Street LLC purchased a new position in shares of Cantor Equity Partners II in the 2nd quarter valued at approximately $119,000. Clear Street Group Inc. acquired a new position in shares of Cantor Equity Partners II in the third quarter valued at approximately $119,000. Permanent Capital Management LP acquired a new position in shares of Cantor Equity Partners II in the third quarter valued at approximately $149,000. Finally, Hunting Hill Global Capital LLC purchased a new stake in shares of Cantor Equity Partners II during the second quarter worth approximately $183,000.
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.
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