Corner Growth Acquisition (COOL) Short Interest Ratio & Short Volume

Short interest is the volume of Corner Growth Acquisition shares that have been sold short but have not yet been covered or closed out. As of May 15th, investors have sold 100 shares of COOL short. 0.05% of Corner Growth Acquisition's shares are currently sold short. Learn More on Corner Growth Acquisition's current short interest.

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 0.05% of Corner Growth Acquisition's floating shares are currently sold short.

Corner Growth Acquisition saw a decline in short interest during the month of May. As of May 15th, there was short interest totaling 100 shares, a decline of 90.0% from the previous total of 1,000 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

Corner Growth Acquisition currently has issued a total of 10,340,000 shares. Some of Corner Growth Acquisition's outstanding shares are available for trading, while others are subject to various restrictions. The public float, also referred to as floating shares or "the float", are shares that publicly owned, unrestricted and available to trade on the open market. Corner Growth Acquisition currently has a public float of 217,800 shares.

0.05% of Corner Growth Acquisition's shares are currently sold short. Here is how the short interest of companies in the industry of "holding & other investment offices" compare to Corner Growth Acquisition: Nabors Energy Transition Corp. II (0.02%), Rigel Resource Acquisition Corp. (0.00%), Codere Online Luxembourg, S.A. (1.67%), Inflection Point Acquisition Corp. II (0.02%), LAMF Global Ventures Corp. I (0.53%), TortoiseEcofin Acquisition Corp. III (0.00%), Patria Latin American Opportunity Acquisition Corp. (0.01%), Spring Valley Acquisition Corp. II (0.02%), Cartesian Growth Co. II (0.02%), Concord Acquisition Corp II (0.15%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.81 billion), Charter Communications, Inc. ($3.30 billion), Occidental Petroleum Co. ($3.10 billion), General Motors ($2.84 billion), Moderna, Inc. ($2.77 billion), AppLovin Co. ($2.22 billion), Royal Caribbean Cruises Ltd. ($2.22 billion), Coinbase Global, Inc. ($2.16 billion), Tractor Supply ($2.12 billion), and Williams-Sonoma, Inc. ($2.12 billion). View all of the most shorted stocks.

Short selling COOL is an investing strategy that aims to generate trading profit from Corner Growth Acquisition as its price is falling. COOL shares are trading up $0.60 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for Corner Growth Acquisition occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of COOL, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including COOL, twice per month. The most recent reporting period available is May, 15 2024.