Short Interest in Cartesian Growth Co. II (NASDAQ:RENE) Increases By 166.7%

Cartesian Growth Co. II (NASDAQ:RENE - Get Free Report) saw a significant increase in short interest in February. As of February 28th, there was short interest totalling 800 shares, an increase of 166.7% from the February 13th total of 300 shares. Currently, 0.0% of the company's stock are short sold. Based on an average daily volume of 11,000 shares, the days-to-cover ratio is currently 0.1 days.

Cartesian Growth Co. II Trading Up 0.2 %

RENE stock opened at $11.81 on Thursday. Cartesian Growth Co. II has a 1 year low of $11.09 and a 1 year high of $11.81. The stock has a 50-day simple moving average of $11.74 and a 200-day simple moving average of $11.61.

Institutional Investors Weigh In On Cartesian Growth Co. II

A number of large investors have recently added to or reduced their stakes in RENE. Mizuho Securities USA LLC boosted its position in 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 buying an additional 594,424 shares during the last quarter. Crossingbridge Advisors LLC lifted its stake in shares of Cartesian Growth Co. II by 48.6% in the third quarter. Crossingbridge Advisors LLC now owns 790,263 shares of the company's stock worth $9,061,000 after acquiring an additional 258,390 shares in the last quarter. Westchester Capital Management LLC boosted its holdings in Cartesian Growth Co. II by 28.8% in the third 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 during the last quarter. Virtu Financial LLC purchased a new position in Cartesian Growth Co. II in the third quarter valued at about $118,000. Finally, Alpine Global Management LLC acquired a new stake in Cartesian Growth Co. II during the 4th quarter valued at approximately $2,332,000. 58.96% of the stock is owned by institutional investors and hedge funds.

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.

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