Short Interest in Corner Growth Acquisition Corp. 2 (NASDAQ:TRON) Decreases By 63.0%

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

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. Quarry LP purchased a new stake in shares of Corner Growth Acquisition Corp. 2 (NASDAQ:TRON - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 261,959 shares of the company's stock, valued at approximately $2,971,000. Quarry LP owned approximately 3.95% of Corner Growth Acquisition Corp. 2 as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 28.03% of the company's stock.

Corner Growth Acquisition Corp. 2 Trading Up 0.8 %

Corner Growth Acquisition Corp. 2 stock traded up $0.09 during mid-day trading on Wednesday, hitting $12.06. The stock had a trading volume of 1,407 shares, compared to its average volume of 7,646. Corner Growth Acquisition Corp. 2 has a one year low of $10.80 and a one year high of $13.20. The firm's 50 day moving average is $11.74 and its 200 day moving average is $11.55.

Corner Growth Acquisition Corp. 2 Company Profile

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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