SK Growth Opportunities Co. (NASDAQ:SKGR) Short Interest Update

SK Growth Opportunities Co. (NASDAQ:SKGR) saw a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 2,700 shares, an increase of 50.0% from the November 30th total of 1,800 shares. Based on an average daily trading volume, of 81,900 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Institutional Trading of SK Growth Opportunities

Hedge funds and other institutional investors have recently modified their holdings of the business. Glazer Capital LLC purchased a new position in SK Growth Opportunities during the 3rd quarter valued at about $113,000. Periscope Capital Inc. boosted its stake in shares of SK Growth Opportunities by 61.3% during the 3rd quarter. Periscope Capital Inc. now owns 100,000 shares of the company’s stock valued at $1,134,000 after buying an additional 38,007 shares during the period. Sculptor Capital LP grew its holdings in shares of SK Growth Opportunities by 1.3% during the 2nd quarter. Sculptor Capital LP now owns 116,509 shares of the company’s stock valued at $1,296,000 after acquiring an additional 1,509 shares in the last quarter. Virtu Financial LLC increased its stake in shares of SK Growth Opportunities by 38.4% in the second quarter. Virtu Financial LLC now owns 147,976 shares of the company’s stock worth $1,645,000 after acquiring an additional 41,065 shares during the last quarter. Finally, Crossingbridge Advisors LLC acquired a new stake in SK Growth Opportunities during the third quarter valued at $1,981,000. Institutional investors and hedge funds own 92.48% of the company’s stock.

SK Growth Opportunities Stock Performance

SK Growth Opportunities stock remained flat at $11.62 during mid-day trading on Friday. The company’s stock had a trading volume of 6,834 shares, compared to its average volume of 77,352. The firm has a market cap of $173.99 million, a P/E ratio of 52.82 and a beta of 0.02. The company has a 50 day moving average price of $11.53 and a 200 day moving average price of $11.34. SK Growth Opportunities has a 52-week low of $10.78 and a 52-week high of $12.32.

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.