Corner Growth Acquisition Corp. 2 (NASDAQ:TRON – Get Rating) was the recipient of a large decrease in short interest in the month of May. As of May 15th, there was short interest totaling 2,300 shares, a decrease of 36.1% from the April 30th total of 3,600 shares Based on an average trading volume of 62,300 shares, the days-to-cover ratio is currently 0.0 days.
A number of institutional investors have recently added to or reduced their stakes in the business. Highbridge Capital Management LLC bought a new position in Corner Growth Acquisition Corp. 2 in the 3rd quarter valued at about $17,312,000. Beryl Capital Management LLC grew its position in shares of Corner Growth Acquisition Corp. 2 by 560.0% during the 4th quarter. Beryl Capital Management LLC now owns 1,649,996 shares of the company’s stock worth $16,318,000 after purchasing an additional 1,400,000 shares in the last quarter. Citadel Advisors LLC acquired a new position in shares of Corner Growth Acquisition Corp. 2 during the 3rd quarter worth approximately $11,832,000. Polar Asset Management Partners Inc. acquired a new position in shares of Corner Growth Acquisition Corp. 2 during the 3rd quarter worth approximately $9,870,000. Finally, Periscope Capital Inc. acquired a new position in shares of Corner Growth Acquisition Corp. 2 during the 3rd quarter worth approximately $7,397,000. 54.56% of the stock is currently owned by hedge funds and other institutional investors.
Corner Growth Acquisition Corp. 2 stock opened at $9.97 on Friday. Corner Growth Acquisition Corp. 2 has a twelve month low of $9.61 and a twelve month high of $11.42. The company’s 50-day moving average price is $9.96 and its two-hundred day moving average price is $9.92.
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Corner Growth Acquisition Corp. 2 company profiles (Get Rating)
Corner Growth Acquisition Corp. 2 is a blank check company. The company was incorporated in 2021 and is based in Palo Alto, California.
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