Short Interest in SK Growth Opportunities Co. (NASDAQ:SKGR) Grows By 50.0%

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Sculptor Capital LP raised its holdings in shares of SK Growth Opportunities by 1.3% during the second quarter. Sculptor Capital LP now owns 116,509 shares of the company’s stock worth $1,296,000 after acquiring an additional 1,509 shares during the period. Glazer Capital LLC acquired a new stake in shares of SK Growth Opportunities in the 3rd quarter valued at about $113,000. Periscope Capital Inc. lifted its holdings in shares of SK Growth Opportunities by 61.3% in the third quarter. Periscope Capital Inc. now owns 100,000 shares of the company’s stock valued at $1,134,000 after purchasing an additional 38,007 shares in the last quarter. Virtu Financial LLC boosted its position in shares of SK Growth Opportunities by 38.4% during the second quarter. Virtu Financial LLC now owns 147,976 shares of the company’s stock worth $1,645,000 after buying an additional 41,065 shares during the period. Finally, Quarry LP grew its holdings in shares of SK Growth Opportunities by 164.4% during the third quarter. Quarry LP now owns 209,068 shares of the company’s stock worth $2,370,000 after buying an additional 130,000 shares in the last quarter. Institutional investors and hedge funds own 92.48% of the company’s stock.

SK Growth Opportunities Stock Up 0.1 %

Shares of SKGR traded up $0.01 on Monday, hitting $11.63. The company’s stock had a trading volume of 21,235 shares, compared to its average volume of 77,114. The firm’s fifty day moving average price is $11.54 and its 200-day moving average price is $11.34. SK Growth Opportunities has a fifty-two week low of $10.80 and a fifty-two week high of $12.32. The firm has a market capitalization of $174.14 million, a price-to-earnings ratio of 52.87 and a beta of 0.02.

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.