Cepton, Inc. (NASDAQ:CPTN) Short Interest Update

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

Cepton Stock Down 0.3 %

Cepton stock traded down $0.01 during trading on Tuesday, hitting $3.19. The stock had a trading volume of 107,470 shares, compared to its average volume of 33,886. The stock's 50 day moving average is $3.15 and its two-hundred day moving average is $2.96. Cepton has a 1 year low of $2.38 and a 1 year high of $3.81. The stock has a market cap of $51.21 million, a price-to-earnings ratio of -1.83 and a beta of 0.10.

Cepton (NASDAQ:CPTN - Get Free Report) last posted its quarterly earnings results on Thursday, November 7th. The company reported ($0.61) earnings per share for the quarter. The firm had revenue of $0.55 million during the quarter.

Cepton Company Profile

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.