Cartesian Growth Co. II (NASDAQ:RENE – Get Free Report) saw a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 1,100 shares, a growth of 1,000.0% from the October 15th total of 100 shares. Based on an average daily volume of 129,600 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are sold short.
Cartesian Growth Co. II Trading Down 0.3 %
Shares of Cartesian Growth Co. II stock traded down $0.04 during trading hours on Tuesday, reaching $11.63. The stock had a trading volume of 264 shares, compared to its average volume of 86,396. The stock’s 50 day moving average is $11.49 and its 200 day moving average is $11.36. Cartesian Growth Co. II has a twelve month low of $10.88 and a twelve month high of $11.67.
Hedge Funds Weigh In On Cartesian Growth Co. II
Institutional investors and hedge funds have recently bought and sold shares of the company. Karpus Management Inc. lifted its holdings in Cartesian Growth Co. II by 6.7% during the 1st quarter. Karpus Management Inc. now owns 794,379 shares of the company’s stock worth $8,826,000 after buying an additional 50,225 shares in the last quarter. Berkley W R Corp lifted its stake in shares of Cartesian Growth Co. II by 25.0% in the first quarter. Berkley W R Corp now owns 1,277,453 shares of the company’s stock valued at $14,193,000 after purchasing an additional 255,545 shares during the period. Shaolin Capital Management LLC acquired a new stake in shares of Cartesian Growth Co. II in the first quarter valued at about $5,378,000. Wolverine Asset Management LLC lifted its stake in shares of Cartesian Growth Co. II by 16.1% in the second quarter. Wolverine Asset Management LLC now owns 420,823 shares of the company’s stock valued at $4,745,000 after purchasing an additional 58,469 shares during the period. Finally, Cowen AND Company LLC lifted its stake in shares of Cartesian Growth Co. II by 8.0% in the second quarter. Cowen AND Company LLC now owns 473,383 shares of the company’s stock valued at $5,337,000 after purchasing an additional 35,211 shares during the period. 58.96% of the stock is currently owned by institutional investors and hedge funds.
Cartesian Growth Co. II Company Profile
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.
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