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

Cartesian Growth Co. II (NASDAQ:RENE) was the recipient of a large drop in short interest in the month of August. As of August 31st, there was short interest totalling 300 shares, a drop of 66.7% from the August 15th total of 900 shares. Based on an average trading volume of 64,800 shares, the short-interest ratio is currently 0.0 days.

Cartesian Growth Co. II Price Performance

NASDAQ RENE traded up $0.01 during midday trading on Thursday, hitting $11.42. The company had a trading volume of 128,217 shares, compared to its average volume of 65,768. The firm has a 50-day moving average price of $11.35 and a 200-day moving average price of $11.24. Cartesian Growth Co. II has a twelve month low of $10.77 and a twelve month high of $11.92.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Evercore Wealth Management LLC acquired a new position in Cartesian Growth Co. II during the fourth quarter valued at approximately $120,000. Condor Capital Management bought a new stake in shares of Cartesian Growth Co. II during the 4th quarter worth $201,000. Logan Stone Capital LLC acquired a new stake in Cartesian Growth Co. II in the second quarter valued at about $282,000. Clear Street LLC acquired a new stake in Cartesian Growth Co. II in the second quarter valued at about $437,000. Finally, Quarry LP bought a new position in Cartesian Growth Co. II in the fourth quarter valued at about $3,042,000. Institutional investors and hedge funds 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.