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

Cartesian Growth Co. II (NASDAQ:RENE) was the recipient of a large growth in short interest during the month of December. As of December 15th, there was short interest totalling 800 shares, a growth of 166.7% from the November 30th total of 300 shares. Based on an average trading volume of 83,300 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

Institutional Trading of Cartesian Growth Co. II

Large investors have recently made changes to their positions in the stock. Virtu Financial LLC bought a new stake in Cartesian Growth Co. II during the 3rd quarter valued at about $118,000. Westchester Capital Management LLC increased its position in shares of Cartesian Growth Co. II by 28.8% during the third quarter. Westchester Capital Management LLC now owns 1,611,362 shares of the company’s stock worth $18,466,000 after acquiring an additional 359,991 shares during the period. Crossingbridge Advisors LLC raised its stake in shares of Cartesian Growth Co. II by 48.6% during the third quarter. Crossingbridge Advisors LLC now owns 790,263 shares of the company’s stock valued at $9,061,000 after acquiring an additional 258,390 shares in the last quarter. Mizuho Securities USA LLC boosted its holdings in shares of 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. Finally, Shaolin Capital Management LLC grew its stake in Cartesian Growth Co. II by 34.3% in the second quarter. Shaolin Capital Management LLC now owns 650,000 shares of the company’s stock worth $7,329,000 after purchasing an additional 165,931 shares in the last quarter. 58.96% of the stock is owned by hedge funds and other institutional investors.

Cartesian Growth Co. II Price Performance

RENE remained flat at $11.66 during trading hours on Friday. The company had a trading volume of 9 shares, compared to its average volume of 80,207. The company’s 50-day moving average price is $11.61 and its 200-day moving average price is $11.45. Cartesian Growth Co. II has a one year low of $10.93 and a one year high of $11.67.

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.