Cantor Equity Partners VII, Inc. (NASDAQ:CAES – Get Free Report) was the recipient of a large decline in short interest in the month of September. As of September 30th, there was short interest totaling 2,851 shares, a decline of 54.3% from the September 15th total of 6,242 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 5,562 shares, the days-to-cover ratio is currently 0.5 days.
Analyst Ratings Changes
A number of brokerages have recently issued reports on CAES. Wall Street Zen upgraded shares of Cantor Equity Partners VII to a “hold” rating in a research note on Saturday, June 27th. Weiss Ratings started coverage on shares of Cantor Equity Partners VII in a report on Wednesday, September 9th. They set a “sell (e)” rating for the company. One analyst has rated the stock with a Sell rating. According to data from MarketBeat, the company has an average rating of “Sell”.
Check Out Our Latest Stock Analysis on CAES
Institutional Trading of Cantor Equity Partners VII
Cantor Equity Partners VII Trading Up 0.0%
Shares of CAES traded up $0.01 during mid-day trading on Wednesday, reaching $10.02. The company had a trading volume of 116,290 shares, compared to its average volume of 35,049. Cantor Equity Partners VII has a twelve month low of $10.01 and a twelve month high of $10.17. The stock’s 50-day moving average price is $10.07.
Cantor Equity Partners VII Company Profile
Cantor Equity Partners VII, Inc (NASDAQ: CAES) is a special purpose acquisition company (SPAC) sponsored by an affiliate of Cantor Fitzgerald. The company was formed to identify and complete a business combination, such as a merger, acquisition, or similar transaction, with an operating company.
As a SPAC, Cantor Equity Partners VII does not currently operate a commercial business or offer products and services of its own. Its activities are focused on evaluating potential acquisition targets and pursuing a transaction that would result in a privately held company becoming publicly traded.
The company is incorporated in the United States and is affiliated with Cantor Fitzgerald, a global financial services firm.
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