Cartesian Growth Co. II (NASDAQ:RENE – Get Free Report) saw a significant growth in short interest in February. As of February 28th, there was short interest totalling 800 shares, a growth of 166.7% from the February 13th total of 300 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 11,000 shares, the short-interest ratio is currently 0.1 days.
Hedge Funds Weigh In On Cartesian Growth Co. II
Several institutional investors have recently bought and sold shares of the business. Alpine Global Management LLC bought a new position in Cartesian Growth Co. II during the fourth quarter valued at $2,332,000. Cantor Fitzgerald L. P. bought a new stake in shares of Cartesian Growth Co. II in the 4th quarter worth about $22,125,000. Spartan Fund Management Inc. bought a new stake in shares of Cartesian Growth Co. II in the 4th quarter worth about $295,000. Mizuho Securities USA LLC lifted its holdings in shares of Cartesian Growth Co. II by 7.1% in the 4th quarter. Mizuho Securities USA LLC now owns 1,057,800 shares of the company’s stock worth $12,270,000 after acquiring an additional 70,300 shares during the last quarter. Finally, Virtu Financial LLC lifted its holdings in shares of Cartesian Growth Co. II by 161.1% in the 4th quarter. Virtu Financial LLC now owns 26,824 shares of the company’s stock worth $313,000 after acquiring an additional 16,552 shares during the last quarter. Institutional investors own 58.96% of the company’s stock.
Cartesian Growth Co. II Price Performance
RENE stock traded up $0.01 during trading on Friday, hitting $11.80. 2,044 shares of the company’s stock traded hands, compared to its average volume of 74,425. Cartesian Growth Co. II has a 52 week low of $11.09 and a 52 week high of $11.81. The business has a fifty day simple moving average of $11.74 and a 200 day simple moving average of $11.61.
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.
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