Short Interest in Cartesian Growth Co. II (NASDAQ:RENE) Drops By 25.0%

Cartesian Growth Co. II (NASDAQ:RENE) saw a large decline in short interest in December. As of December 31st, there was short interest totalling 600 shares, a decline of 25.0% from the December 15th total of 800 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 77,300 shares, the days-to-cover ratio is currently 0.0 days.

Cartesian Growth Co. II Trading Down 0.0 %

Shares of NASDAQ:RENE traded down $0.01 during trading on Friday, reaching $11.70. The company had a trading volume of 162 shares, compared to its average volume of 862. The firm’s fifty day moving average is $11.65 and its 200 day moving average is $11.50. Cartesian Growth Co. II has a twelve month low of $11.00 and a twelve month high of $11.78.

Institutional Investors Weigh In On Cartesian Growth Co. II

A number of institutional investors have recently added to or reduced their stakes in RENE. Crossingbridge Advisors LLC increased its position in shares of Cartesian Growth Co. II by 48.6% during the 3rd quarter. Crossingbridge Advisors LLC now owns 790,263 shares of the company’s stock valued at $9,061,000 after purchasing an additional 258,390 shares during the period. Shaolin Capital Management LLC grew its holdings in Cartesian Growth Co. II by 34.3% during the second quarter. Shaolin Capital Management LLC now owns 650,000 shares of the company’s stock worth $7,329,000 after acquiring an additional 165,931 shares during the period. Berkley W R Corp grew its holdings in Cartesian Growth Co. II by 10.1% during the second quarter. Berkley W R Corp now owns 1,406,400 shares of the company’s stock worth $15,864,000 after acquiring an additional 128,947 shares during the period. Mizuho Securities USA LLC raised its position in Cartesian Growth Co. II by 151.2% in the third 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 in the last quarter. Finally, Westchester Capital Management LLC boosted its position in shares of Cartesian Growth Co. II by 28.8% during the 3rd quarter. Westchester Capital Management LLC now owns 1,611,362 shares of the company’s stock valued at $18,466,000 after purchasing an additional 359,991 shares in the last quarter. 58.96% of the stock is currently owned by institutional investors and hedge funds.

Cartesian Growth Co. II Company Profile

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.