Cartesian Growth Co. II (NASDAQ:RENE) Short Interest Up 1,000.0% in October

Cartesian Growth Co. II (NASDAQ:RENE) was the target of a large increase in short interest in the month of October. As of October 31st, there was short interest totalling 1,100 shares, an increase of 1,000.0% from the October 15th total of 100 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 129,600 shares, the short-interest ratio is currently 0.0 days.

Cartesian Growth Co. II Stock Performance

Shares of Cartesian Growth Co. II stock traded down $0.02 during mid-day trading on Wednesday, hitting $11.61. The stock had a trading volume of 88,852 shares, compared to its average volume of 86,410. The firm has a 50-day moving average of $11.49 and a two-hundred day moving average of $11.36. Cartesian Growth Co. II has a 12-month low of $10.88 and a 12-month high of $11.67.

Hedge Funds Weigh In On Cartesian Growth Co. II

A number of hedge funds have recently made changes to their positions in RENE. Logan Stone Capital LLC acquired a new stake in shares of Cartesian Growth Co. II in the 2nd quarter valued at $282,000. Clear Street LLC acquired a new stake in Cartesian Growth Co. II during the 2nd quarter worth $437,000. Wolverine Asset Management LLC raised its stake in Cartesian Growth Co. II by 16.1% during the 2nd quarter. Wolverine Asset Management LLC now owns 420,823 shares of the company’s stock worth $4,745,000 after acquiring an additional 58,469 shares in the last quarter. Cowen AND Company LLC raised its stake in Cartesian Growth Co. II by 8.0% during the 2nd quarter. Cowen AND Company LLC now owns 473,383 shares of the company’s stock worth $5,337,000 after acquiring an additional 35,211 shares in the last quarter. Finally, Shaolin Capital Management LLC acquired a new stake in Cartesian Growth Co. II during the 1st quarter worth $5,378,000. Hedge funds and other institutional investors 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.