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

Cartesian Growth Co. II (NASDAQ:RENE) was the target of a large drop in short interest in the month of February. As of February 15th, there was short interest totalling 300 shares, a drop of 25.0% from the January 31st total of 400 shares. Based on an average daily trading volume, of 9,500 shares, the days-to-cover ratio is currently 0.0 days.

Cartesian Growth Co. II Price Performance

RENE stock traded down $0.03 during trading on Tuesday, reaching $11.72. 210 shares of the stock traded hands, compared to its average volume of 74,357. The business’s 50 day moving average price is $11.73 and its 200-day moving average price is $11.59. Cartesian Growth Co. II has a 52-week low of $11.05 and a 52-week high of $11.80.

Institutional Trading of Cartesian Growth Co. II

A number of institutional investors have recently modified their holdings of the company. Virtu Financial LLC acquired a new position in Cartesian Growth Co. II during the third quarter valued at approximately $118,000. Spartan Fund Management Inc. acquired a new position in shares of Cartesian Growth Co. II during the 4th quarter valued at $295,000. Alpine Global Management LLC purchased a new stake in Cartesian Growth Co. II during the 4th quarter worth $2,332,000. Crossingbridge Advisors LLC increased its holdings in Cartesian Growth Co. II by 48.6% in the 3rd quarter. Crossingbridge Advisors LLC now owns 790,263 shares of the company’s stock valued at $9,061,000 after purchasing an additional 258,390 shares in the last quarter. Finally, Mizuho Securities USA LLC raised its position in Cartesian Growth Co. II by 151.2% in the third quarter. Mizuho Securities USA LLC now owns 987,500 shares of the company’s stock valued at $11,307,000 after purchasing an additional 594,424 shares during the period. Hedge funds and other institutional investors own 58.96% of the company’s stock.

About Cartesian Growth Co. II

Cartesian Growth Corp. II operates as a blank check company. It was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The company was founded on October 13, 2021 and is headquartered in New York, NY.