Short Interest in Cantor Equity Partners II Inc. (NASDAQ:CEPT) Rises By 25.5%

Cantor Equity Partners II Inc. (NASDAQ:CEPT) was the target of a large growth in short interest in March. As of March 31st, there was short interest totaling 550,237 shares, a growth of 25.5% from the March 15th total of 438,270 shares. Based on an average daily trading volume, of 574,700 shares, the short-interest ratio is presently 1.0 days. Currently, 1.8% of the shares of the company are sold short.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Clear Street Group Inc. purchased a new stake in Cantor Equity Partners II in the 3rd quarter worth approximately $119,000. Permanent Capital Management LP purchased a new position in shares of Cantor Equity Partners II during the third quarter valued at approximately $149,000. Virtu Financial LLC bought a new position in shares of Cantor Equity Partners II during the fourth quarter valued at approximately $160,000. Hunting Hill Global Capital LLC raised its holdings in shares of Cantor Equity Partners II by 9.0% during the third quarter. Hunting Hill Global Capital LLC now owns 18,105 shares of the company’s stock valued at $190,000 after acquiring an additional 1,500 shares in the last quarter. Finally, Gabelli Funds LLC purchased a new stake in Cantor Equity Partners II in the second quarter worth $238,000.

Analysts Set New Price Targets

Several research analysts have commented on the company. Benchmark started coverage on Cantor Equity Partners II in a research note on Tuesday, March 31st. They issued a “buy” rating and a $16.00 target price for the company. Weiss Ratings reiterated a “sell (e)” rating on shares of Cantor Equity Partners II in a research report on Monday, December 29th. One investment analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $16.00.

Cantor Equity Partners II Stock Up 1.2%

Shares of Cantor Equity Partners II stock traded up $0.13 on Friday, hitting $11.41. The stock had a trading volume of 22,738 shares, compared to its average volume of 541,902. Cantor Equity Partners II has a one year low of $10.32 and a one year high of $13.74. The stock has a market cap of $349.01 million and a price-to-earnings ratio of -60.04. The stock’s 50-day simple moving average is $11.11 and its two-hundred day simple moving average is $11.33.

Cantor Equity Partners II (NASDAQ:CEPT) last posted its quarterly earnings results on Friday, March 6th. The company reported ($0.19) EPS for the quarter. The company had revenue of $2.39 million for the quarter.

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.