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

Cartesian Growth Co. II (NASDAQ:RENE) was the target of a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 800 shares, a growth of 166.7% from the November 30th total of 300 shares. Based on an average trading volume of 83,300 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Cartesian Growth Co. II Stock Performance

Shares of RENE remained flat at $11.66 during trading hours on Friday. The stock had a trading volume of 9 shares, compared to its average volume of 80,207. Cartesian Growth Co. II has a 52-week low of $10.93 and a 52-week high of $11.67. The business’s 50 day moving average price is $11.61 and its two-hundred day moving average price is $11.45.

Institutional Trading of Cartesian Growth Co. II

Several hedge funds have recently modified their holdings of RENE. Crossingbridge Advisors LLC grew its position in shares of Cartesian Growth Co. II by 48.6% in the 3rd 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 during the last quarter. Wolverine Asset Management LLC lifted its holdings in shares of Cartesian Growth Co. II by 16.1% during the 2nd 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 last quarter. Shaolin Capital Management LLC boosted its position in shares of Cartesian Growth Co. II by 34.3% in the 2nd quarter. Shaolin Capital Management LLC now owns 650,000 shares of the company’s stock worth $7,329,000 after purchasing an additional 165,931 shares in the last quarter. Berkley W R Corp grew its stake in Cartesian Growth Co. II by 10.1% during the 2nd quarter. Berkley W R Corp now owns 1,406,400 shares of the company’s stock worth $15,864,000 after buying an additional 128,947 shares during the last quarter. Finally, Mizuho Securities USA LLC increased its position in Cartesian Growth Co. II by 151.2% during the 3rd quarter. Mizuho Securities USA LLC now owns 987,500 shares of the company’s stock valued at $11,307,000 after buying an additional 594,424 shares in the last quarter. 58.96% of the stock is owned by hedge funds and other institutional investors.

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.