SK Growth Opportunities Co. (NASDAQ:SKGRW) Short Interest Update

SK Growth Opportunities Co. (NASDAQ:SKGRW) was the recipient of a significant decrease in short interest during the month of February. As of February 28th, there was short interest totalling 1,800 shares, a decrease of 78.8% from the February 13th total of 8,500 shares. Based on an average daily trading volume, of 30,000 shares, the days-to-cover ratio is presently 0.1 days.

SK Growth Opportunities Stock Performance

Shares of NASDAQ SKGRW traded up $0.00 during mid-day trading on Wednesday, hitting $0.55. 33,624 shares of the stock were exchanged, compared to its average volume of 28,133. SK Growth Opportunities has a twelve month low of $0.15 and a twelve month high of $0.67. The stock’s fifty day simple moving average is $0.52 and its two-hundred day simple moving average is $0.40.

Hedge Funds Weigh In On SK Growth Opportunities

A number of institutional investors have recently modified their holdings of SKGRW. Harraden Circle Investments LLC bought a new stake in SK Growth Opportunities in the fourth quarter valued at approximately $368,000. K2 Principal Fund L.P. increased its position in shares of SK Growth Opportunities by 209.2% in the 4th quarter. K2 Principal Fund L.P. now owns 569,365 shares of the company’s stock valued at $342,000 after buying an additional 385,208 shares in the last quarter. Finally, Fort Baker Capital Management LP raised its stake in SK Growth Opportunities by 3.5% during the 4th quarter. Fort Baker Capital Management LP now owns 2,163,213 shares of the company’s stock worth $1,298,000 after buying an additional 72,891 shares during the period.

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.