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

SK Growth Opportunities Co. (NASDAQ:SKGRW) was the recipient of a significant decline in short interest in the month of October. As of October 15th, there was short interest totalling 800 shares, a decline of 88.2% from the September 30th total of 6,800 shares. Based on an average trading volume of 56,500 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Trading of SK Growth Opportunities

A hedge fund recently bought a new stake in SK Growth Opportunities stock. K2 Principal Fund L.P. bought a new position in SK Growth Opportunities Co. (NASDAQ:SKGRW) in the 2nd quarter, according to its most recent disclosure with the SEC. The firm bought 184,157 shares of the company’s stock, valued at approximately $44,000.

SK Growth Opportunities Price Performance

Shares of SKGRW stock remained flat at $0.23 during trading hours on Friday. SK Growth Opportunities has a one year low of $0.04 and a one year high of $0.65. The business’s 50-day moving average is $0.26 and its two-hundred day moving average is $0.28.

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.