Short Interest in Cartesian Growth Co. II (NASDAQ:RENE) Increases By 312.5%

Cartesian Growth Co. II (NASDAQ:RENE) saw a large growth in short interest in April. As of April 15th, there was short interest totalling 6,600 shares, a growth of 312.5% from the March 31st total of 1,600 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 38,200 shares, the short-interest ratio is presently 0.2 days.

Cartesian Growth Co. II Trading Up 0.1 %

Shares of NASDAQ:RENE traded up $0.01 during midday trading on Thursday, reaching $11.21. The company had a trading volume of 449,602 shares, compared to its average volume of 63,497. The company has a fifty day simple moving average of $11.11 and a two-hundred day simple moving average of $11.00. Cartesian Growth Co. II has a 1-year low of $10.52 and a 1-year high of $11.92.

Institutional Investors Weigh In On Cartesian Growth Co. II

A number of institutional investors have recently modified their holdings of the stock. Wealthspring Capital LLC lifted its position in Cartesian Growth Co. II by 32.3% during the 3rd quarter. Wealthspring Capital LLC now owns 380,996 shares of the company’s stock worth $4,115,000 after acquiring an additional 92,910 shares during the last quarter. Picton Mahoney Asset Management increased its stake in shares of Cartesian Growth Co. II by 76.9% in the 3rd quarter. Picton Mahoney Asset Management now owns 1,150,430 shares of the company’s stock valued at $12,465,000 after buying an additional 500,000 shares during the period. Schechter Investment Advisors LLC raised its stake in shares of Cartesian Growth Co. II by 1,509.0% during the third quarter. Schechter Investment Advisors LLC now owns 1,381,322 shares of the company’s stock worth $14,918,000 after buying an additional 1,295,471 shares during the last quarter. Westchester Capital Management LLC boosted its position in shares of Cartesian Growth Co. II by 2.4% in the 3rd quarter. Westchester Capital Management LLC now owns 1,149,349 shares of the company’s stock worth $12,413,000 after purchasing an additional 27,367 shares during the last quarter. Finally, Cowen AND Company LLC increased its stake in shares of Cartesian Growth Co. II by 2,758.2% in the 3rd quarter. Cowen AND Company LLC now owns 562,526 shares of the company’s stock valued at $6,109,000 after acquiring an additional 542,845 shares during the last quarter. Institutional investors and hedge funds own 58.96% of the company’s stock.

About Cartesian Growth Co. II

Cartesian Growth Corporation II does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination with one or more businesses or entities. Cartesian Growth Corporation II was incorporated in 2021 and is based in New York, New York.