Cartesian Growth Co. II (NASDAQ:RENEU – Get Rating) was the recipient of a significant drop in short interest during the month of January. As of January 15th, there was short interest totalling 500 shares, a drop of 50.0% from the December 31st total of 1,000 shares. Based on an average trading volume of 1,300 shares, the short-interest ratio is currently 0.4 days.

Hedge Funds Weigh In On Cartesian Growth Co. II

Several large investors have recently modified their holdings of the business. Condor Capital Management bought a new position in Cartesian Growth Co. II during the second quarter worth $122,000. Landscape Capital Management L.L.C. bought a new position in Cartesian Growth Co. II during the second quarter worth $184,000. Captrust Financial Advisors bought a new position in Cartesian Growth Co. II during the second quarter worth $195,000. Glazer Capital LLC bought a new position in Cartesian Growth Co. II during the third quarter worth $216,000. Finally, OLD Mission Capital LLC bought a new position in Cartesian Growth Co. II during the second quarter worth $223,000.

Cartesian Growth Co. II Stock Performance

Shares of RENEU stock remained flat at $10.27 during trading hours on Friday. The firm has a 50-day moving average of $10.29 and a two-hundred day moving average of $10.15. Cartesian Growth Co. II has a fifty-two week low of $9.91 and a fifty-two week high of $10.72.

About Cartesian Growth Co. II

Cartesian Growth Corporation II 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.

Further Reading

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