SK Growth Opportunities Co. (NASDAQ:SKGR) Short Interest Down 40.0% in January

SK Growth Opportunities Co. (NASDAQ:SKGR) saw a significant decrease in short interest in January. As of January 31st, there was short interest totalling 1,800 shares, a decrease of 40.0% from the January 15th total of 3,000 shares. Based on an average daily volume of 40,100 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Institutional Trading of SK Growth Opportunities

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SKGR. Wolverine Asset Management LLC acquired a new stake in shares of SK Growth Opportunities during the 3rd quarter worth approximately $6,476,000. Mizuho Securities USA LLC grew 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 worth $7,424,000 after purchasing an additional 557,801 shares during the period. DLD Asset Management LP bought a new stake in SK Growth Opportunities in the fourth quarter valued at about $3,487,000. Crossingbridge Advisors LLC acquired a new position in SK Growth Opportunities in the third quarter valued at about $1,981,000. Finally, Quarry LP boosted its holdings in 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 during the last quarter. 92.48% of the stock is currently owned by institutional investors and hedge funds.

SK Growth Opportunities Trading Up 0.0 %

Shares of SK Growth Opportunities stock traded up $0.01 during midday trading on Thursday, reaching $11.66. The company had a trading volume of 3,413 shares, compared to its average volume of 33,947. The stock has a fifty day simple moving average of $11.62 and a 200 day simple moving average of $11.45. SK Growth Opportunities has a 1-year low of $10.80 and a 1-year high of $12.32. The company has a market capitalization of $174.48 million, a price-to-earnings ratio of 52.98 and a beta of 0.02.

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.