Cartesian Growth Co. II (NASDAQ:RENE) Short Interest Down 25.0% in December

Cartesian Growth Co. II (NASDAQ:RENE) was the target of a large drop in short interest in December. As of December 31st, there was short interest totalling 600 shares, a drop of 25.0% from the December 15th total of 800 shares. Based on an average trading volume of 77,300 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Hedge Funds Weigh In On Cartesian Growth Co. II

Institutional investors have recently bought and sold shares of the stock. Virtu Financial LLC acquired a new stake in Cartesian Growth Co. II during the 3rd quarter worth about $118,000. Logan Stone Capital LLC acquired a new stake in shares of Cartesian Growth Co. II during the second quarter valued at approximately $282,000. Clear Street LLC acquired a new position in Cartesian Growth Co. II in the 2nd quarter worth approximately $437,000. Shaolin Capital Management LLC raised its stake in Cartesian Growth Co. II by 34.3% during the 2nd quarter. Shaolin Capital Management LLC now owns 650,000 shares of the company’s stock valued at $7,329,000 after purchasing an additional 165,931 shares during the period. Finally, Crossingbridge Advisors LLC raised its stake in Cartesian Growth Co. II by 48.6% during the 3rd quarter. Crossingbridge Advisors LLC now owns 790,263 shares of the company’s stock valued at $9,061,000 after purchasing an additional 258,390 shares during the period. Hedge funds and other institutional investors own 58.96% of the company’s stock.

Cartesian Growth Co. II Stock Performance

Shares of NASDAQ RENE traded down $0.01 during mid-day trading on Friday, reaching $11.70. The company had a trading volume of 162 shares, compared to its average volume of 862. The company has a 50-day moving average price of $11.65 and a two-hundred day moving average price of $11.50. Cartesian Growth Co. II has a 1-year low of $11.00 and a 1-year high of $11.78.

Cartesian Growth Co. II Company Profile

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.