Short Interest in Cartesian Growth Co. II (NASDAQ:RENE) Declines By 33.3%

Cartesian Growth Co. II (NASDAQ:RENE) saw a large decline in short interest in the month of January. As of January 31st, there was short interest totalling 400 shares, a decline of 33.3% from the January 15th total of 600 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 10,900 shares, the short-interest ratio is presently 0.0 days.

Institutional Investors Weigh In On Cartesian Growth Co. II

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in RENE. Virtu Financial LLC bought a new stake in Cartesian Growth Co. II in the 3rd quarter valued at about $118,000. Spartan Fund Management Inc. bought a new stake in Cartesian Growth Co. II in the 4th quarter valued at about $295,000. Alpine Global Management LLC bought a new stake in Cartesian Growth Co. II in the 4th quarter valued at about $2,332,000. Crossingbridge Advisors LLC raised its stake in Cartesian Growth Co. II by 48.6% in the 3rd 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 during the period. Finally, Mizuho Securities USA LLC raised its stake in Cartesian Growth Co. II by 151.2% in the 3rd quarter. Mizuho Securities USA LLC now owns 987,500 shares of the company’s stock valued at $11,307,000 after acquiring an additional 594,424 shares during the period. 58.96% of the stock is currently owned by institutional investors.

Cartesian Growth Co. II Trading Up 0.2 %

Shares of NASDAQ RENE traded up $0.02 during mid-day trading on Friday, reaching $11.79. 150 shares of the company’s stock were exchanged, compared to its average volume of 26,200. Cartesian Growth Co. II has a 52 week low of $11.02 and a 52 week high of $11.80. The firm has a 50-day moving average price of $11.71 and a two-hundred day moving average price of $11.56.

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.