Cartesian Growth Co. II (NASDAQ:RENE) Trading Down 0% - Time to Sell?

Cartesian Growth Co. II (NASDAQ:RENE - Get Free Report)'s share price fell 0% on Friday . The stock traded as low as $11.92 and last traded at $11.93. 35,464 shares traded hands during trading, a decline of 58% from the average session volume of 85,152 shares. The stock had previously closed at $11.93.

Cartesian Growth Co. II Trading Down 0.1 %

The company has a fifty day moving average price of $11.83 and a two-hundred day moving average price of $11.71.

Institutional Trading of Cartesian Growth Co. II

Large investors have recently added to or reduced their stakes in the stock. Virtu Financial LLC purchased a new position in shares of Cartesian Growth Co. II during the 3rd quarter worth $118,000. Spartan Fund Management Inc. acquired a new stake in Cartesian Growth Co. II during the fourth quarter worth about $295,000. Mizuho Securities USA LLC raised its stake in Cartesian Growth Co. II by 7.1% during the fourth quarter. Mizuho Securities USA LLC now owns 1,057,800 shares of the company's stock worth $12,270,000 after purchasing an additional 70,300 shares during the period. Alpine Global Management LLC acquired a new position in Cartesian Growth Co. II in the 4th quarter valued at about $2,332,000. Finally, Cantor Fitzgerald L. P. purchased a new stake in shares of Cartesian Growth Co. II in the 4th quarter valued at approximately $22,125,000. 58.96% of the stock is currently owned by hedge funds and other institutional investors.

About Cartesian Growth Co. II

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.