Cartesian Growth Co. II (NASDAQ:RENE) Short Interest Update

Cartesian Growth Co. II (NASDAQ:RENE) saw a large decline in short interest during the month of November. As of November 15th, there was short interest totalling 300 shares, a decline of 72.7% from the October 31st total of 1,100 shares. Based on an average trading volume of 95,700 shares, the short-interest ratio is presently 0.0 days.

Cartesian Growth Co. II Price Performance

Shares of NASDAQ:RENE traded up $0.02 during mid-day trading on Wednesday, reaching $11.64. The stock had a trading volume of 8,669 shares, compared to its average volume of 84,969. The business’s 50 day moving average price is $11.53 and its 200 day moving average price is $11.39. Cartesian Growth Co. II has a 1 year low of $10.90 and a 1 year high of $11.67.

Institutional Investors Weigh In On Cartesian Growth Co. II

Institutional investors and hedge funds have recently modified their holdings of the company. Virtu Financial LLC purchased a new position in Cartesian Growth Co. II in the third quarter worth approximately $118,000. Logan Stone Capital LLC acquired a new position in Cartesian Growth Co. II in the second quarter valued at about $282,000. Cowen AND Company LLC increased its position in shares of Cartesian Growth Co. II by 8.0% during 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 during the last quarter. Clear Street LLC acquired a new stake in shares of Cartesian Growth Co. II during the second quarter valued at about $437,000. Finally, Wolverine Asset Management LLC raised its stake in shares of Cartesian Growth Co. II by 16.1% in the 2nd 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 during the period. 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. The company was incorporated in 2021 and is based in New York, New York.