Cartesian Growth Corp III (NASDAQ:CGCTU) Short Interest Up ∞ in April

Cartesian Growth Corp III (NASDAQ:CGCTU) saw a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 165 shares, a growth of ∞ from the April 15th total of 0 shares. Based on an average trading volume of 1,298 shares, the days-to-cover ratio is currently 0.1 days.

Cartesian Growth Corp III Trading Up 3.9%

NASDAQ:CGCTU traded up $0.44 during trading hours on Monday, reaching $11.49. The company had a trading volume of 198 shares, compared to its average volume of 2,622. The stock has a 50 day moving average price of $10.91. Cartesian Growth Corp III has a 1-year low of $10.00 and a 1-year high of $12.50.

Institutional Trading of Cartesian Growth Corp III

An institutional investor recently bought a new position in Cartesian Growth Corp III stock. OMERS ADMINISTRATION Corp bought a new stake in Cartesian Growth Corp III (NASDAQ:CGCTU) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 12,060 shares of the company’s stock, valued at approximately $129,000.

Cartesian Growth Corp III Company Profile

Cartesian Growth Corp III (NASDAQ: CGCTU) is a special purpose acquisition company (SPAC), also known as a blank-check company, whose principal purpose is to identify, acquire, or merge with operating businesses. As a SPAC, it does not currently conduct commercial operations of its own; instead its business activity centers on sourcing and completing a business combination transaction that would result in a combined operating public company. The NASDAQ listing under the symbol CGCTU reflects units that typically comprise common shares and associated rights such as warrants.

The company’s investment mandate, sector focus and geographic targets are set out in its offering documents and SEC filings.