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

SK Growth Opportunities Co. (NASDAQ:SKGR) saw 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. Based on an average daily volume of 50,500 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Institutional Investors Weigh In On SK Growth Opportunities

Hedge funds have recently bought and sold shares of the company. Virtu Financial LLC increased its stake 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 worth $1,645,000 after purchasing an additional 41,065 shares during the period. Berkley W R Corp increased 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 worth $5,373,000 after buying an additional 314,317 shares during the period. Sculptor Capital LP lifted 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 buying an additional 1,509 shares during the last quarter. Wolverine Asset Management LLC bought a new stake in shares of SK Growth Opportunities in the third quarter valued at approximately $6,476,000. Finally, Mizuho Securities USA LLC grew its stake in shares of SK Growth Opportunities by 555.6% in the third 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 last quarter. 92.48% of the stock is currently owned by institutional investors.

SK Growth Opportunities Trading Up 0.1 %

Shares of SK Growth Opportunities stock opened at $11.64 on Friday. The firm has a fifty day simple moving average of $11.58 and a 200-day simple moving average of $11.38. The stock has a market capitalization of $174.25 million, a price-to-earnings ratio of 52.91 and a beta of 0.02. SK Growth Opportunities has a 1-year low of $10.80 and a 1-year high of $12.32.

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.