SK Growth Opportunities Co. (NASDAQ:SKGRW) Short Interest Up 312.5% in October

Posted by Amy Steele on Nov 12th, 2024

SK Growth Opportunities Co. (NASDAQ:SKGRW – Get Free Report) was the recipient of a large increase in short interest during the month of October. As of October 31st, there was short interest totalling 3,300 shares, an increase of 312.5% from the October 15th total of 800 shares. Based on an average daily trading volume, of 51,500 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On SK Growth Opportunities

An institutional investor recently bought a new position in SK Growth Opportunities stock. K2 Principal Fund L.P. acquired a new stake in shares of SK Growth Opportunities Co. (NASDAQ:SKGRW – Free Report) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 184,157 shares of the company’s stock, valued at approximately $44,000.

SK Growth Opportunities Trading Up 5.6 %

Shares of NASDAQ SKGRW traded up $0.02 during mid-day trading on Tuesday, hitting $0.30. 23,851 shares of the company traded hands, compared to its average volume of 56,367. SK Growth Opportunities has a 1 year low of $0.04 and a 1 year high of $0.65. The business has a 50 day moving average of $0.25 and a two-hundred day moving average of $0.27.

SK Growth Opportunities Company Profile

(Get Free Report)

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.