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

SK Growth Opportunities Co. (NASDAQ:SKGR) was the recipient of a large growth in short interest in the month of January. As of January 15th, there was short interest totalling 3,000 shares, a growth of 36.4% from the December 31st total of 2,200 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 40,600 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On SK Growth Opportunities

Several large investors have recently modified their holdings of the stock. Glazer Capital LLC acquired a new stake in SK Growth Opportunities in the 3rd quarter valued at $113,000. FNY Investment Advisers LLC boosted its stake in shares of SK Growth Opportunities by 50.6% in the 4th quarter. FNY Investment Advisers LLC now owns 90,499 shares of the company’s stock valued at $1,050,000 after purchasing an additional 30,399 shares in the last quarter. Periscope Capital Inc. boosted its stake in shares of SK Growth Opportunities by 61.3% in the 3rd quarter. Periscope Capital Inc. now owns 100,000 shares of the company’s stock valued at $1,134,000 after purchasing an additional 38,007 shares in the last quarter. Crossingbridge Advisors LLC bought a new stake in shares of SK Growth Opportunities in the 3rd quarter worth about $1,981,000. Finally, Quarry LP increased its position in shares of SK Growth Opportunities by 164.4% during the 3rd quarter. Quarry LP now owns 209,068 shares of the company’s stock worth $2,370,000 after purchasing an additional 130,000 shares in the last quarter. 92.48% of the stock is currently owned by institutional investors.

SK Growth Opportunities Price Performance

Shares of SK Growth Opportunities stock traded up $0.02 during trading on Friday, hitting $11.65. 396 shares of the company’s stock traded hands, compared to its average volume of 37,850. SK Growth Opportunities has a twelve month low of $10.80 and a twelve month high of $12.32. The company has a market cap of $174.36 million, a PE ratio of 52.93 and a beta of 0.02. The firm’s fifty day moving average price is $11.61 and its 200 day moving average price is $11.42.

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.