Corner Growth Acquisition Corp. 2 (NASDAQ:TRONW) Sees Large Growth in Short Interest

Corner Growth Acquisition Corp. 2 (NASDAQ:TRONW) was the target of a significant growth in short interest during the month of June. As of June 30th, there was short interest totalling 40,000 shares, a growth of 1,381.5% from the June 15th total of 2,700 shares. Based on an average daily volume of 6,300 shares, the days-to-cover ratio is currently 6.3 days.

Corner Growth Acquisition Corp. 2 Stock Performance

Corner Growth Acquisition Corp. 2 stock opened at $0.05 on Friday. The business has a 50-day moving average of $0.06 and a 200-day moving average of $0.05. Corner Growth Acquisition Corp. 2 has a 1 year low of $0.01 and a 1 year high of $0.20.

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.