Cartesian Growth Co. II (NASDAQ:RENE) Short Interest Up 1,000.0% in October

Posted by Adam Masters on Nov 13th, 2024

Cartesian Growth Co. II (NASDAQ:RENE – Get Free Report) saw a large increase in short interest in the month of October. As of October 31st, there was short interest totalling 1,100 shares, an increase of 1,000.0% from the October 15th total of 100 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 129,600 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Investors Weigh In On Cartesian Growth Co. II

Institutional investors and hedge funds have recently bought and sold shares of the business. Logan Stone Capital LLC bought a new stake in Cartesian Growth Co. II during the second quarter valued at about $282,000. Clear Street LLC bought a new stake in shares of Cartesian Growth Co. II during the second quarter valued at approximately $437,000. Wolverine Asset Management LLC raised its stake in shares of Cartesian Growth Co. II by 16.1% during the second quarter. Wolverine Asset Management LLC now owns 420,823 shares of the company’s stock valued at $4,745,000 after acquiring an additional 58,469 shares in the last quarter. Cowen AND Company LLC raised its stake in shares of Cartesian Growth Co. II by 8.0% during the second quarter. Cowen AND Company LLC now owns 473,383 shares of the company’s stock valued at $5,337,000 after acquiring an additional 35,211 shares in the last quarter. Finally, Shaolin Capital Management LLC bought a new position in Cartesian Growth Co. II in the first quarter worth approximately $5,378,000. 58.96% of the stock is owned by institutional investors.

Cartesian Growth Co. II Price Performance

Cartesian Growth Co. II stock traded down $0.02 during trading on Wednesday, reaching $11.61. The company had a trading volume of 88,852 shares, compared to its average volume of 86,410. Cartesian Growth Co. II has a 52 week low of $10.88 and a 52 week high of $11.67. The firm’s 50-day simple moving average is $11.49 and its 200 day simple moving average is $11.36.

About Cartesian Growth Co. II

(Get Free Report)

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.