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Cartesian Growth Co. II (NASDAQ:RENE) Shares Down 0.1% - What's Next?

Cartesian Growth Co. II logo with Unclassified background

Cartesian Growth Co. II (NASDAQ:RENE - Get Free Report)'s share price traded down 0.1% during trading on Wednesday . The stock traded as low as $11.76 and last traded at $11.77. 329,318 shares changed hands during mid-day trading, an increase of 722% from the average session volume of 40,063 shares. The stock had previously closed at $11.78.

Cartesian Growth Co. II Stock Performance

The stock has a 50-day moving average of $11.69 and a 200-day moving average of $11.55.

Institutional Investors Weigh In On Cartesian Growth Co. II

A number of large investors have recently added to or reduced their stakes in the stock. Virtu Financial LLC acquired a new stake in shares of Cartesian Growth Co. II in the 3rd quarter valued at $118,000. Crossingbridge Advisors LLC boosted its holdings in shares of Cartesian Growth Co. II by 48.6% in 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 in the last quarter. Mizuho Securities USA LLC boosted its holdings in shares of Cartesian Growth Co. II by 151.2% in the 3rd quarter. Mizuho Securities USA LLC now owns 987,500 shares of the company's stock valued at $11,307,000 after purchasing an additional 594,424 shares in the last quarter. Finally, Westchester Capital Management LLC boosted its holdings in shares of Cartesian Growth Co. II by 28.8% in 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. Institutional investors and hedge funds own 58.96% of the company's stock.

About Cartesian Growth Co. II

(Get Free Report)

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.

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