Cepton, Inc. (NASDAQ:CPTN) Short Interest Down 10.4% in November

Cepton, Inc. (NASDAQ:CPTN) saw a significant decline in short interest during the month of November. As of November 30th, there was short interest totalling 25,000 shares, a decline of 10.4% from the November 15th total of 27,900 shares. Based on an average daily trading volume, of 33,200 shares, the short-interest ratio is presently 0.8 days. Currently, 0.4% of the company’s shares are short sold.

Cepton Trading Down 0.3 %

NASDAQ:CPTN traded down $0.01 during trading hours on Tuesday, hitting $3.19. The company had a trading volume of 103,382 shares, compared to its average volume of 33,850. Cepton has a 1 year low of $2.38 and a 1 year high of $3.81. The company has a 50-day moving average of $3.15 and a 200 day moving average of $2.96. The company has a market cap of $51.21 million, a P/E ratio of -1.84 and a beta of 0.10.

Cepton (NASDAQ:CPTN) last issued its earnings results on Thursday, November 7th. The company reported ($0.61) EPS for the quarter. The business had revenue of $0.55 million for the quarter.

About Cepton

Cepton, Inc provides lidar-based solutions for automotive, smart cities, smart spaces, and smart industrial applications in the United States, Japan, China, and internationally. The company offers autograde lidar sensors, including Cepton Ultra, a slimmest lidar with MagnoSteer technology and proprietary ASIC chipset, enabling a combination of 300-meter range at 10% reflectivity and 0.05° resolution; 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; and Nova, an extremely-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.