Corner Growth Acquisition Corp. (NASDAQ:COOL - Get Free Report) saw a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 2,800 shares, an increase of 115.4% from the March 31st total of 1,300 shares. Based on an average daily volume of 1,100 shares, the days-to-cover ratio is presently 2.5 days. Currently, 0.6% of the company's stock are short sold.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Corner Growth Acquisition stock. Cowen AND Company LLC acquired a new stake in Corner Growth Acquisition Corp. (NASDAQ:COOL - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 22,498 shares of the company's stock, valued at approximately $240,000. Cowen AND Company LLC owned about 0.22% of Corner Growth Acquisition as of its most recent SEC filing. 1.62% of the stock is owned by institutional investors.
Corner Growth Acquisition Stock Performance
Shares of NASDAQ:COOL remained flat at $11.34 during mid-day trading on Friday. The company had a trading volume of 5 shares, compared to its average volume of 636. Corner Growth Acquisition has a fifty-two week low of $10.11 and a fifty-two week high of $15.00. The business's 50 day moving average price is $11.06 and its 200 day moving average price is $10.90.
About Corner Growth Acquisition
(
Get Free Report)
Corner Growth Acquisition Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2020 and is based in Palo Alto, California.
Further Reading
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