Cartesian Growth Co. II (NASDAQ:RENE – Get Free Report)’s share price dropped 0.1% during trading on Wednesday . The stock traded as low as $11.76 and last traded at $11.77. Approximately 329,318 shares changed hands during mid-day trading, an increase of 722% from the average daily volume of 40,063 shares. The stock had previously closed at $11.78.
Cartesian Growth Co. II Stock Performance
The company’s 50 day moving average is $11.69 and its two-hundred day moving average is $11.54.
Institutional Trading of Cartesian Growth Co. II
A number of large investors have recently made changes to their positions in the business. Mizuho Securities USA LLC boosted its stake in Cartesian Growth Co. II by 151.2% during the third quarter. Mizuho Securities USA LLC now owns 987,500 shares of the company’s stock worth $11,307,000 after buying an additional 594,424 shares during the period. Crossingbridge Advisors LLC boosted its stake in shares of Cartesian Growth Co. II by 48.6% during the 3rd quarter. Crossingbridge Advisors LLC now owns 790,263 shares of the company’s stock worth $9,061,000 after purchasing an additional 258,390 shares during the period. Westchester Capital Management LLC grew its holdings in Cartesian Growth Co. II by 28.8% during the 3rd quarter. Westchester Capital Management LLC now owns 1,611,362 shares of the company’s stock valued at $18,466,000 after purchasing an additional 359,991 shares during the last quarter. Finally, Virtu Financial LLC bought a new stake in Cartesian Growth Co. II in the third quarter worth about $118,000. 58.96% of the stock is currently owned by institutional investors.
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.
See Also
- Five stocks we like better than Cartesian Growth Co. II
- How to Use the MarketBeat Stock Screener
- IBM’s AI Bet Pays Off—What’s Next for Investors?
- Airline Stocks – Top Airline Stocks to Buy Now
- 3 Reasons to Treat AMD’s Drop as an Entry Opportunity
- How Investors Can Find the Best Cheap Dividend Stocks
- Qualcomm’s Post-Earnings Dip: A Prime Buying Opportunity?
Receive News & Ratings for Cartesian Growth Co. II Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cartesian Growth Co. II and related companies with MarketBeat.com's FREE daily email newsletter.
