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

SK Growth Opportunities Co. (NASDAQ:SKGR) was the target of a large decrease in short interest during the month of September. As of September 15th, there was short interest totalling 1,100 shares, a decrease of 31.3% from the August 31st total of 1,600 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 80,100 shares, the short-interest ratio is currently 0.0 days.

SK Growth Opportunities Price Performance

NASDAQ:SKGR remained flat at $11.34 during trading hours on Friday. The company’s stock had a trading volume of 346 shares, compared to its average volume of 88,040. SK Growth Opportunities has a one year low of $10.74 and a one year high of $11.60. The stock has a fifty day simple moving average of $11.23 and a 200-day simple moving average of $11.14.

Hedge Funds Weigh In On SK Growth Opportunities

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SKGR. Periscope Capital Inc. acquired a new stake in SK Growth Opportunities in the first quarter valued at approximately $287,000. Fifth Lane Capital LP purchased a new stake in shares of SK Growth Opportunities during the 1st quarter worth $553,000. Virtu Financial LLC acquired a new position in shares of SK Growth Opportunities during the first quarter worth $1,182,000. Quarry LP purchased a new position in SK Growth Opportunities in the fourth quarter valued at $1,163,000. Finally, Sculptor Capital LP lifted its holdings in SK Growth Opportunities by 1.3% during the 2nd quarter. Sculptor Capital LP now owns 116,509 shares of the company’s stock worth $1,296,000 after buying an additional 1,509 shares during the last quarter. Hedge funds and other institutional investors own 92.48% of the company’s stock.

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.