Cartesian Growth Corporation IV (NASDAQ:CGCF) Sees Large Increase in Short Interest

Cartesian Growth Corporation IV (NASDAQ:CGCF) was the target of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 11,464 shares, an increase of ∞ from the August 15th total of 0 shares. Based on an average daily volume of 29,322 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.0% of the shares of the stock are sold short.

Cartesian Growth Corporation IV Stock Performance

NASDAQ:CGCF opened at $9.84 on Tuesday. Cartesian Growth Corporation IV has a 52-week low of $9.82 and a 52-week high of $10.00.

Cartesian Growth Corporation IV Company Profile

Cartesian Growth Corporation IV is a special purpose acquisition company (SPAC) incorporated to pursue a business combination with one or more operating companies. Its potential transaction could take the form of a merger, share exchange, asset acquisition, stock purchase, recapitalization, or similar corporate reorganization.

As a SPAC, Cartesian Growth Corporation IV does not have significant ongoing commercial operations, proprietary products, or established geographic markets of its own.