Periscope Capital Inc. Grows Stake in SK Growth Opportunities Co. (NASDAQ:SKGR)

Periscope Capital Inc. raised its position in shares of SK Growth Opportunities Co. (NASDAQ:SKGR) by 61.3% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 100,000 shares of the company’s stock after purchasing an additional 38,007 shares during the period. Periscope Capital Inc. owned about 0.65% of SK Growth Opportunities worth $1,134,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also made changes to their positions in SKGR. Mizuho Securities USA LLC boosted its stake in shares of SK Growth Opportunities by 555.6% during the third quarter. Mizuho Securities USA LLC now owns 658,191 shares of the company’s stock valued at $7,424,000 after purchasing an additional 557,801 shares in the last quarter. Wolverine Asset Management LLC purchased a new stake in SK Growth Opportunities during the third quarter worth $6,476,000. Berkley W R Corp increased its holdings in shares of 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 acquiring an additional 314,317 shares during the period. Walleye Trading LLC raised its position in shares of SK Growth Opportunities by 10.2% in the 1st quarter. Walleye Trading LLC now owns 348,900 shares of the company’s stock worth $3,855,000 after acquiring an additional 32,400 shares in the last quarter. Finally, Virtu Financial LLC lifted its stake in shares of SK Growth Opportunities by 38.4% during the 2nd quarter. Virtu Financial LLC now owns 147,976 shares of the company’s stock worth $1,645,000 after purchasing an additional 41,065 shares during the last quarter. 92.48% of the stock is currently owned by hedge funds and other institutional investors.

SK Growth Opportunities Trading Down 0.5 %

SKGR opened at $11.44 on Friday. The business’s 50-day moving average is $11.42 and its two-hundred day moving average is $11.25. SK Growth Opportunities Co. has a 1 year low of $10.78 and a 1 year high of $11.60.

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.