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

SK Growth Opportunities Co. (NASDAQ:SKGR) was the recipient of a large decline in short interest in June. As of June 15th, there was short interest totalling 2,300 shares, a decline of 14.8% from the May 31st total of 2,700 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 56,500 shares, the short-interest ratio is currently 0.0 days.

Hedge Funds Weigh In On SK Growth Opportunities

Institutional investors have recently modified their holdings of the business. Periscope Capital Inc. bought a new position in shares of SK Growth Opportunities in the first quarter valued at approximately $287,000. Fifth Lane Capital LP purchased a new position in SK Growth Opportunities in the first quarter valued at approximately $553,000. Quarry LP purchased a new position in SK Growth Opportunities in the fourth quarter valued at approximately $1,163,000. Virtu Financial LLC purchased a new position in SK Growth Opportunities in the first quarter valued at approximately $1,182,000. Finally, Berkley W R Corp purchased a new stake in shares of SK Growth Opportunities during the first quarter worth $1,867,000. 92.48% of the stock is owned by institutional investors.

SK Growth Opportunities Price Performance

Shares of SKGR stock remained flat at $11.12 during trading on Monday. The stock had a trading volume of 2,120 shares, compared to its average volume of 67,221. The business’s 50 day moving average is $11.10 and its two-hundred day moving average is $11.03. SK Growth Opportunities has a 52 week low of $10.60 and a 52 week high of $11.60.

SK Growth Opportunities Company Profile

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.