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

Corner Growth Acquisition Corp. 2 (NASDAQ:TRON) was the recipient of a large decrease in short interest during the month of June. As of June 15th, there was short interest totalling 1,300 shares, a decrease of 35.0% from the May 31st total of 2,000 shares. Based on an average daily volume of 500 shares, the short-interest ratio is presently 2.6 days. Currently, 0.3% of the company’s stock are sold short.

Corner Growth Acquisition Corp. 2 Price Performance

Shares of NASDAQ:TRON remained flat at $12.30 during midday trading on Friday. 43 shares of the stock were exchanged, compared to its average volume of 448. Corner Growth Acquisition Corp. 2 has a 1 year low of $10.80 and a 1 year high of $17.90. The firm has a fifty day moving average price of $11.88 and a two-hundred day moving average price of $11.62.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Corner Growth Acquisition Corp. 2 stock. Cowen AND Company LLC acquired a new position in Corner Growth Acquisition Corp. 2 (NASDAQ:TRON) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 93,878 shares of the company’s stock, valued at approximately $1,091,000. Cowen AND Company LLC owned about 1.41% of Corner Growth Acquisition Corp. 2 as of its most recent filing with the Securities and Exchange Commission. 28.03% of the stock is owned by institutional investors and hedge funds.

About Corner Growth Acquisition Corp. 2

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.