Corner Growth Acquisition Corp. 2 (NASDAQ:TRON) Sees Significant Drop in Short Interest

Corner Growth Acquisition Corp. 2 (NASDAQ:TRON) was the target of a large decline in short interest in the month of April. As of April 15th, there was short interest totalling 200 shares, a decline of 71.4% from the March 31st total of 700 shares. Based on an average daily trading volume, of 5,900 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Corner Growth Acquisition Corp. 2 Stock Performance

Shares of TRON stock remained flat at $11.49 during midday trading on Friday. 2 shares of the company traded hands, compared to its average volume of 62. Corner Growth Acquisition Corp. 2 has a 1-year low of $10.59 and a 1-year high of $12.48. The firm has a 50 day moving average price of $11.49 and a 200 day moving average price of $11.42.

Institutional Trading of Corner Growth Acquisition Corp. 2

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

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.