Corner Growth Acquisition Corp. 2 (NASDAQ:TRON – Get Rating) saw a large growth in short interest in the month of January. As of January 15th, there was short interest totalling 10,500 shares, a growth of 556.3% from the December 31st total of 1,600 shares. Based on an average daily volume of 22,900 shares, the short-interest ratio is currently 0.5 days. Approximately 0.2% of the shares of the company are sold short.
Corner Growth Acquisition Corp. 2 Stock Performance
NASDAQ TRON traded down $0.01 on Thursday, hitting $10.33. 664 shares of the company's stock were exchanged, compared to its average volume of 38,866. The firm's 50-day moving average price is $10.53 and its two-hundred day moving average price is $10.25. Corner Growth Acquisition Corp. 2 has a fifty-two week low of $9.71 and a fifty-two week high of $11.80.
Get Corner Growth Acquisition Corp. 2 alerts:Institutional Investors Weigh In On Corner Growth Acquisition Corp. 2
A number of institutional investors and hedge funds have recently bought and sold shares of TRON. Sanders Morris Harris LLC purchased a new position in shares of Corner Growth Acquisition Corp. 2 during the 3rd quarter worth $101,000. Woodline Partners LP acquired a new stake in shares of Corner Growth Acquisition Corp. 2 during the second quarter valued at about $143,000. Goldman Sachs Group Inc. acquired a new stake in shares of Corner Growth Acquisition Corp. 2 during the first quarter valued at about $175,000. PenderFund Capital Management Ltd. grew its stake in shares of Corner Growth Acquisition Corp. 2 by 184,790.0% during the second quarter. PenderFund Capital Management Ltd. now owns 18,489 shares of the company's stock valued at $239,000 after acquiring an additional 18,479 shares in the last quarter. Finally, Hsbc Holdings PLC acquired a new stake in shares of Corner Growth Acquisition Corp. 2 during the third quarter valued at about $760,000. Hedge funds and other institutional investors own 58.72% of the company's stock.
Corner Growth Acquisition Corp. 2 Company Profile
(Get Rating)Corner Growth Acquisition Corp. 2 does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other similar business combination with one or more operating businesses or assets in the technology sector. The company was incorporated in 2021 and is based in Palo Alto, California.
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