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

Cartesian Growth Co. II (NASDAQ:RENE) was the target of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 1,700 shares, an increase of 142.9% from the February 29th total of 700 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 48,300 shares, the short-interest ratio is presently 0.0 days.

Institutional Trading of Cartesian Growth Co. II

Several institutional investors have recently added to or reduced their stakes in the business. Schechter Investment Advisors LLC boosted its stake in shares of Cartesian Growth Co. II by 1,509.0% in the 3rd quarter. Schechter Investment Advisors LLC now owns 1,381,322 shares of the company’s stock worth $14,918,000 after buying an additional 1,295,471 shares during the last quarter. Cowen AND Company LLC boosted its stake in shares of Cartesian Growth Co. II by 2,758.2% in the 3rd quarter. Cowen AND Company LLC now owns 562,526 shares of the company’s stock worth $6,109,000 after buying an additional 542,845 shares during the last quarter. Cohanzick Management LLC raised its holdings in Cartesian Growth Co. II by 86.8% in the 2nd quarter. Cohanzick Management LLC now owns 281,873 shares of the company’s stock worth $3,008,000 after purchasing an additional 130,953 shares during the period. Picton Mahoney Asset Management raised its holdings in Cartesian Growth Co. II by 76.9% in the 3rd quarter. Picton Mahoney Asset Management now owns 1,150,430 shares of the company’s stock worth $12,465,000 after purchasing an additional 500,000 shares during the period. Finally, Wealthspring Capital LLC raised its holdings in Cartesian Growth Co. II by 0.3% in the 4th quarter. Wealthspring Capital LLC now owns 382,301 shares of the company’s stock worth $4,186,000 after purchasing an additional 1,305 shares during the period. 58.96% of the stock is currently owned by hedge funds and other institutional investors.

Cartesian Growth Co. II Stock Performance

RENE traded down $0.01 during trading on Thursday, hitting $11.11. 11,219 shares of the company’s stock traded hands, compared to its average volume of 64,194. The company’s 50 day simple moving average is $11.06 and its two-hundred day simple moving average is $10.95. Cartesian Growth Co. II has a 12-month low of $10.47 and a 12-month high of $11.92.

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. Cartesian Growth Corporation II was incorporated in 2021 and is based in New York, New York.