Cartesian Growth Co. II (NASDAQ:RENE) Short Interest Up 166.7% in December

Cartesian Growth Co. II (NASDAQ:RENE) was the recipient of a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 800 shares, an increase of 166.7% from the November 30th total of 300 shares. Based on an average daily volume of 83,300 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of RENE. Virtu Financial LLC bought a new position in shares of Cartesian Growth Co. II during the 3rd quarter worth $118,000. Logan Stone Capital LLC bought a new position in Cartesian Growth Co. II during the second quarter worth about $282,000. Clear Street LLC bought a new position in Cartesian Growth Co. II during the second quarter worth about $437,000. Wolverine Asset Management LLC increased its stake in shares of Cartesian Growth Co. II by 16.1% in the second quarter. Wolverine Asset Management LLC now owns 420,823 shares of the company’s stock worth $4,745,000 after purchasing an additional 58,469 shares in the last quarter. Finally, Cowen AND Company LLC raised its position in shares of Cartesian Growth Co. II by 8.0% in the second quarter. Cowen AND Company LLC now owns 473,383 shares of the company’s stock valued at $5,337,000 after purchasing an additional 35,211 shares during the period. 58.96% of the stock is owned by institutional investors.

Cartesian Growth Co. II Stock Performance

NASDAQ RENE remained flat at $11.66 during trading hours on Friday. 4 shares of the company were exchanged, compared to its average volume of 80,207. Cartesian Growth Co. II has a 1-year low of $10.93 and a 1-year high of $11.67. The firm has a 50-day simple moving average of $11.62 and a 200 day simple moving average of $11.46.

About Cartesian Growth Co. II

Cartesian Growth Corporation II does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in New York, New York.