Corner Growth Acquisition Corp. (NASDAQ:COOLW) Short Interest Update

Corner Growth Acquisition Corp. (NASDAQ:COOLW) was the recipient of a significant increase in short interest in March. As of March 15th, there was short interest totalling 17,000 shares, an increase of 286.4% from the February 29th total of 4,400 shares. Based on an average daily volume of 14,200 shares, the short-interest ratio is presently 1.2 days.

Institutional Investors Weigh In On Corner Growth Acquisition

Several hedge funds and other institutional investors have recently made changes to their positions in COOLW. Shaolin Capital Management LLC boosted its holdings in Corner Growth Acquisition by 69.4% during the second quarter. Shaolin Capital Management LLC now owns 499,226 shares of the company’s stock worth $63,000 after purchasing an additional 204,506 shares during the last quarter. Saba Capital Management L.P. purchased a new position in Corner Growth Acquisition during the first quarter worth about $79,000. Finally, Polar Asset Management Partners Inc. boosted its holdings in Corner Growth Acquisition by 72.9% during the first quarter. Polar Asset Management Partners Inc. now owns 474,194 shares of the company’s stock worth $138,000 after purchasing an additional 200,000 shares during the last quarter.

Corner Growth Acquisition Stock Down 32.1 %

COOLW opened at $0.15 on Thursday. Corner Growth Acquisition has a 1-year low of $0.03 and a 1-year high of $0.31. The company has a fifty day moving average price of $0.12 and a two-hundred day moving average price of $0.09.

Corner Growth Acquisition Company Profile

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.