Cartesian Growth Corporation IV (NASDAQ:CGCF – Get Free Report) was the recipient of a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 76 shares, a drop of 68.6% from the September 30th total of 242 shares. Based on an average daily volume of 11,576 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are short sold.
Cartesian Growth Corporation IV Price Performance
CGCF stock opened at $9.81 on Wednesday. Cartesian Growth Corporation IV has a fifty-two week low of $9.78 and a fifty-two week high of $10.00. The stock’s 50-day moving average price is $9.83.
About Cartesian Growth Corporation IV
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, acquisition, share exchange, or similar transaction, with an operating company.
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 target companies and pursuing a transaction that would allow a private business to become publicly traded.
The company’s public filings should be consulted for the latest information regarding its proposed transaction, leadership, target industry, and geographic focus.
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