SK Growth Opportunities Co. (NASDAQ:SKGR) Short Interest Down 18.5% in December

SK Growth Opportunities Co. (NASDAQ:SKGR) was the target of a significant drop in short interest during the month of December. As of December 31st, there was short interest totalling 2,200 shares, a drop of 18.5% from the December 15th total of 2,700 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 50,500 shares, the short-interest ratio is presently 0.0 days.

Institutional Investors Weigh In On SK Growth Opportunities

Several hedge funds have recently made changes to their positions in SKGR. Virtu Financial LLC increased its holdings 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 valued at $1,645,000 after purchasing an additional 41,065 shares during the period. Berkley W R Corp grew its position in SK Growth Opportunities by 186.2% in the 2nd quarter. Berkley W R Corp now owns 483,160 shares of the company’s stock valued at $5,373,000 after buying an additional 314,317 shares during the last quarter. Sculptor Capital LP increased its stake in SK Growth Opportunities by 1.3% in the 2nd quarter. Sculptor Capital LP now owns 116,509 shares of the company’s stock valued at $1,296,000 after buying an additional 1,509 shares during the period. Wolverine Asset Management LLC purchased a new position in SK Growth Opportunities during the 3rd quarter worth $6,476,000. Finally, Mizuho Securities USA LLC lifted its stake in shares of SK Growth Opportunities by 555.6% in the 3rd quarter. Mizuho Securities USA LLC now owns 658,191 shares of the company’s stock worth $7,424,000 after acquiring an additional 557,801 shares during the period. Institutional investors and hedge funds own 92.48% of the company’s stock.

SK Growth Opportunities Trading Down 0.2 %

Shares of SK Growth Opportunities stock traded down $0.02 during trading on Friday, reaching $11.62. The company’s stock had a trading volume of 56,602 shares, compared to its average volume of 30,974. The firm has a market cap of $173.95 million, a PE ratio of 52.82 and a beta of 0.02. The company has a 50-day moving average price of $11.58 and a two-hundred day moving average price of $11.39. SK Growth Opportunities has a fifty-two week low of $10.80 and a fifty-two 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.