Cepton, Inc. (NASDAQ:CPTNW – Get Rating) was the target of a large decline in short interest in February. As of February 15th, there was short interest totalling 1,500 shares, a decline of 11.8% from the January 31st total of 1,700 shares. Based on an average daily volume of 17,500 shares, the days-to-cover ratio is presently 0.1 days.
Institutional Trading of Cepton
An institutional investor recently bought a new position in Cepton stock. Walleye Capital LLC acquired a new stake in shares of Cepton, Inc. (NASDAQ:CPTNW – Get Rating) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 53,540 shares of the company's stock, valued at approximately $26,000.
Get Cepton alerts:Cepton Price Performance
CPTNW stock remained flat at $0.10 during trading on Tuesday. The company had a trading volume of 5,419 shares, compared to its average volume of 16,069. The company's 50 day moving average price is $0.11 and its 200 day moving average price is $0.15. Cepton has a 12 month low of $0.07 and a 12 month high of $0.66.
Cepton Company Profile
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Cepton, Inc provides lidar-based solutions for automotive, smart cities, smart spaces, and smart industrial applications in the United States, Japan, and internationally. The company offers auto grade lidar sensors, including Vista-X, a compact lidar solution with a range of up to 200m for long-range applications in ADAS L2+/L3, AV L4/L5, and suitable for smart infrastructure applications; Vista-T, a lidar solution with a range of up to 300m for ultra-long-range applications in ADAS L2+/L3 and AV L4/L5; and Nova, an ultra-small form factor lidar solution with a range of up to 30m for near-range applications in ADAS L2+/L3, AV L4/L5, and suitable for smart infrastructure applications.
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