Cartesian Growth Corporation IV (NASDAQ:CGCF) Stock Short Interest Jumps 175.0%

Cartesian Growth Corporation IV (NASDAQ:CGCF) saw a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 242 shares, a growth of 175.0% from the September 15th total of 88 shares. Based on an average daily volume of 31,304 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Cartesian Growth Corporation IV Trading Up 0.1%

NASDAQ:CGCF traded up $0.01 during trading hours on Tuesday, reaching $9.83. The company had a trading volume of 9,653 shares, compared to its average volume of 30,548. The company’s 50 day simple moving average is $9.84. Cartesian Growth Corporation IV has a 52 week low of $9.78 and a 52 week high of $10.00.

Cartesian Growth Corporation IV Company Profile

Cartesian Growth Corporation IV (NASDAQ: CGCF) is a special purpose acquisition company, or SPAC. The company was formed to identify and complete a business combination, such as a merger, stock purchase, reorganization or similar transaction, with one or more operating businesses.

As a SPAC, Cartesian Growth Corporation IV does not operate a commercial business and does not currently offer products or services of its own. Its activities are primarily focused on evaluating potential acquisition targets, negotiating a transaction and obtaining the required approval from shareholders and regulators.

The company is affiliated with Cartesian Capital Group, an investment firm involved in international private equity and growth investments.