Cartesian Growth Corp IV (NASDAQ:CGCFU) Short Interest Update

Cartesian Growth Corp IV (NASDAQ:CGCFU – Get Free Report) was the target of a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 359 shares, a growth of 5,883.3% from the September 15th total of 6 shares. Based on an average daily volume of 7,295 shares, the short-interest ratio is currently 0.0 days.

Wall Street Analyst Weigh In

Separately, Wall Street Zen raised Cartesian Growth Corp IV to a “hold” rating in a report on Saturday, July 4th.

Read Our Latest Report on Cartesian Growth Corp IV

Cartesian Growth Corp IV Stock Performance

NASDAQ:CGCFU traded down $0.04 on Friday, reaching $9.89. 536 shares of the stock traded hands, compared to its average volume of 55,199. The firm has a 50 day moving average of $9.97. Cartesian Growth Corp IV has a 1-year low of $9.88 and a 1-year high of $10.04.

About Cartesian Growth Corp IV

(Get Free Report)

Cartesian Growth Corp IV (NASDAQ: CGCFU) is a special purpose acquisition company (SPAC) formed to identify and complete a business combination with one or more private companies. Its potential transactions may include a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar corporate combination.

As a SPAC, Cartesian Growth Corp IV does not operate a conventional commercial business and does not currently offer products or services to customers. Instead, its activities are focused on raising capital through its public offering and evaluating potential acquisition targets.

The company is sponsored by an affiliate of Cartesian Capital Group, an investment firm focused on growth-oriented opportunities.

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