SK Growth Opportunities Co. (NASDAQ:SKGRW) Sees Significant Decrease in Short Interest

SK Growth Opportunities Co. (NASDAQ:SKGRW) was the target of a significant decrease in short interest in the month of December. As of December 15th, there was short interest totalling 600 shares, a decrease of 75.0% from the November 30th total of 2,400 shares. Based on an average daily volume of 35,600 shares, the short-interest ratio is presently 0.0 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in SK Growth Opportunities stock. K2 Principal Fund L.P. acquired a new position in shares of SK Growth Opportunities Co. (NASDAQ:SKGRW) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 184,157 shares of the company’s stock, valued at approximately $44,000.

SK Growth Opportunities Price Performance

SKGRW traded down $0.04 on Thursday, hitting $0.56. The company had a trading volume of 221 shares, compared to its average volume of 54,311. The stock has a fifty day moving average price of $0.37 and a 200-day moving average price of $0.30. SK Growth Opportunities has a 12-month low of $0.06 and a 12-month high of $0.65.

About SK Growth Opportunities

SK Growth Opportunities Corporation 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 or entities. The company was incorporated in 2021 and is based in New York, New York.