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

Posted by Linda Flegge on Nov 27th, 2024

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

Institutional Trading of Cartesian Growth Co. II

Hedge funds have recently modified their holdings of the stock. Virtu Financial LLC bought a new stake in Cartesian Growth Co. II in the third quarter worth about $118,000. Logan Stone Capital LLC bought a new position in Cartesian Growth Co. II during the second quarter worth about $282,000. Cowen AND Company LLC increased its stake in shares of 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 worth $5,337,000 after purchasing an additional 35,211 shares in the last quarter. Clear Street LLC purchased a new stake in shares of Cartesian Growth Co. II during the 2nd quarter valued at approximately $437,000. Finally, Wolverine Asset Management LLC boosted its holdings in 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 worth $4,745,000 after buying an additional 58,469 shares during the period. Institutional investors own 58.96% of the company’s stock.

Cartesian Growth Co. II Stock Performance

Shares of Cartesian Growth Co. II stock traded up $0.02 on Wednesday, hitting $11.64. The stock had a trading volume of 8,669 shares, compared to its average volume of 84,969. The stock has a 50 day moving average of $11.53 and a 200 day moving average of $11.39. Cartesian Growth Co. II has a twelve month low of $10.90 and a twelve month high of $11.67.

Cartesian Growth Co. II Company Profile

(Get Free Report)

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.