SK Growth Opportunities Co. (NASDAQ:SKGRW) Short Interest Up 304.8% in February

Posted by Joseph Casey on Mar 1st, 2025

SK Growth Opportunities Co. (NASDAQ:SKGRW – Get Free Report) was the recipient of a large growth in short interest during the month of February. As of February 15th, there was short interest totalling 8,500 shares, a growth of 304.8% from the January 31st total of 2,100 shares. Based on an average daily trading volume, of 24,400 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Trading of SK Growth Opportunities

An institutional investor recently raised its position in SK Growth Opportunities stock. K2 Principal Fund L.P. lifted its position in shares of SK Growth Opportunities Co. (NASDAQ:SKGRW – Free Report) by 209.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 569,365 shares of the company’s stock after purchasing an additional 385,208 shares during the quarter. K2 Principal Fund L.P.’s holdings in SK Growth Opportunities were worth $342,000 as of its most recent filing with the Securities and Exchange Commission.

SK Growth Opportunities Stock Performance

SKGRW traded down $0.11 during midday trading on Friday, reaching $0.49. The company’s stock had a trading volume of 17,060 shares, compared to its average volume of 19,233. The company has a fifty day simple moving average of $0.53 and a 200 day simple moving average of $0.39. SK Growth Opportunities has a twelve month low of $0.15 and a twelve month high of $0.67.

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.