Cartesian Growth Co. II (NASDAQ:RENE – Get Free Report) was the recipient of a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 1,100 shares, an increase of 1,000.0% from the October 15th total of 100 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 129,600 shares, the days-to-cover ratio is presently 0.0 days.
Cartesian Growth Co. II Price Performance
Cartesian Growth Co. II stock traded down $0.04 during trading on Tuesday, reaching $11.63. The company had a trading volume of 264 shares, compared to its average volume of 86,396. Cartesian Growth Co. II has a 12-month low of $10.88 and a 12-month high of $11.67. The stock’s 50 day moving average price is $11.49 and its two-hundred day moving average price is $11.36.
Institutional Investors Weigh In On Cartesian Growth Co. II
Institutional investors have recently bought and sold shares of the stock. Logan Stone Capital LLC acquired a new position in Cartesian Growth Co. II during the second quarter valued at approximately $282,000. Clear Street LLC acquired a new position in shares of Cartesian Growth Co. II during the second quarter worth $437,000. Wolverine Asset Management LLC raised its holdings in Cartesian Growth Co. II by 16.1% in the second quarter. Wolverine Asset Management LLC now owns 420,823 shares of the company’s stock valued at $4,745,000 after acquiring an additional 58,469 shares in the last quarter. Cowen AND Company LLC raised its holdings in Cartesian Growth Co. II by 8.0% in the second quarter. Cowen AND Company LLC now owns 473,383 shares of the company’s stock valued at $5,337,000 after acquiring an additional 35,211 shares in the last quarter. Finally, Shaolin Capital Management LLC acquired a new stake in Cartesian Growth Co. II in the first quarter valued at $5,378,000. 58.96% of the stock is currently owned by hedge funds and other institutional investors.
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. The company was incorporated in 2021 and is based in New York, New York.
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