Corner Growth Acquisition Corp. 2 (NASDAQ:TRON) Short Interest Update

Corner Growth Acquisition Corp. 2 (NASDAQ:TRONGet Free Report) was the target of a significant decrease in short interest during the month of May. As of May 31st, there was short interest totalling 2,000 shares, a decrease of 63.0% from the May 15th total of 5,400 shares. Based on an average daily volume of 500 shares, the short-interest ratio is currently 4.0 days. Approximately 0.1% of the shares of the company are short sold.

Corner Growth Acquisition Corp. 2 Stock Performance

Corner Growth Acquisition Corp. 2 stock remained flat at $12.06 during trading on Friday. The company had a trading volume of 6 shares, compared to its average volume of 817. Corner Growth Acquisition Corp. 2 has a fifty-two week low of $10.80 and a fifty-two week high of $13.20. The company’s 50-day moving average price is $11.77 and its 200 day moving average price is $11.56.

Hedge Funds Weigh In On Corner Growth Acquisition Corp. 2

An institutional investor recently bought a new position in Corner Growth Acquisition Corp. 2 stock. Cowen AND Company LLC acquired a new position in Corner Growth Acquisition Corp. 2 (NASDAQ:TRONFree Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 93,878 shares of the company’s stock, valued at approximately $1,091,000. Cowen AND Company LLC owned approximately 1.41% of Corner Growth Acquisition Corp. 2 as of its most recent filing with the Securities & Exchange Commission. Institutional investors own 28.03% of the company’s stock.

Corner Growth Acquisition Corp. 2 Company Profile

(Get Free Report)

Corner Growth Acquisition Corp. 2 does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other similar business combination. It intends to acquire businesses or assets in the technology sector. The company was incorporated in 2021 and is based in Palo Alto, California.

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