Cartesian Growth Corp IV (NASDAQ:CGCFU) Sees Significant Decrease in Short Interest

Cartesian Growth Corp IV (NASDAQ:CGCFU) was the target of a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 428 shares, a drop of 96.8% from the July 15th total of 13,342 shares. Based on an average daily volume of 3,872 shares, the short-interest ratio is currently 0.1 days.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen upgraded shares of Cartesian Growth Corp IV to a “hold” rating in a research note on Saturday, July 4th.

Cartesian Growth Corp IV Price Performance

NASDAQ:CGCFU traded up $0.03 during midday trading on Tuesday, reaching $10.00. 1,051 shares of the stock traded hands, compared to its average volume of 94,767. Cartesian Growth Corp IV has a 12-month low of $9.93 and a 12-month high of $10.04.

Cartesian Growth Corp IV Company Profile