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

Cartesian Growth Co. II (NASDAQ:RENE) saw a significant decline in short interest during the month of February. As of February 15th, there was short interest totalling 300 shares, a decline of 25.0% from the January 31st total of 400 shares. Based on an average trading volume of 9,500 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in RENE. Crossingbridge Advisors LLC grew its holdings in shares of Cartesian Growth Co. II by 48.6% during the third quarter. Crossingbridge Advisors LLC now owns 790,263 shares of the company’s stock worth $9,061,000 after buying an additional 258,390 shares in the last quarter. Mizuho Securities USA LLC grew 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 worth $11,307,000 after acquiring an additional 594,424 shares during the period. Westchester Capital Management LLC raised its holdings in Cartesian Growth Co. II by 28.8% in the 3rd quarter. Westchester Capital Management LLC now owns 1,611,362 shares of the company’s stock valued at $18,466,000 after acquiring an additional 359,991 shares during the last quarter. Virtu Financial LLC purchased a new position in shares of Cartesian Growth Co. II during the 3rd quarter worth $118,000. Finally, Alpine Global Management LLC acquired a new stake in shares of Cartesian Growth Co. II during the fourth quarter worth $2,332,000. 58.96% of the stock is currently owned by hedge funds and other institutional investors.

Cartesian Growth Co. II Stock Down 0.3 %

Shares of NASDAQ:RENE traded down $0.03 on Tuesday, hitting $11.72. The company had a trading volume of 210 shares, compared to its average volume of 74,357. The business has a 50 day moving average of $11.73 and a 200 day moving average of $11.59. Cartesian Growth Co. II has a 52-week low of $11.05 and a 52-week high of $11.80.

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.