Short Interest in SK Growth Opportunities Co. (NASDAQ:SKGR) Declines By 18.5%

SK Growth Opportunities Co. (NASDAQ:SKGR) was the recipient of a large drop in short interest in the month of January. As of January 15th, there was short interest totalling 2,200 shares, a drop of 18.5% from the December 31st total of 2,700 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 50,500 shares, the days-to-cover ratio is currently 0.0 days.

SK Growth Opportunities Trading Down 0.0 %

Shares of SK Growth Opportunities stock traded down $0.01 during trading on Thursday, reaching $11.64. The stock had a trading volume of 9,036 shares, compared to its average volume of 36,637. The company has a market capitalization of $174.18 million, a price-to-earnings ratio of 52.89 and a beta of 0.02. SK Growth Opportunities has a 52 week low of $10.80 and a 52 week high of $12.32. The stock has a fifty day moving average price of $11.60 and a two-hundred day moving average price of $11.42.

Institutional Investors Weigh In On SK Growth Opportunities

Several institutional investors have recently bought and sold shares of the company. Glazer Capital LLC acquired a new stake in shares of SK Growth Opportunities in the third quarter valued at about $113,000. FNY Investment Advisers LLC grew its stake in SK Growth Opportunities by 50.6% in the fourth 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. increased its position in shares of SK Growth Opportunities by 61.3% during the 3rd quarter. Periscope Capital Inc. now owns 100,000 shares of the company’s stock worth $1,134,000 after purchasing an additional 38,007 shares during the last quarter. Crossingbridge Advisors LLC bought a new stake in shares of SK Growth Opportunities during the 3rd quarter worth approximately $1,981,000. Finally, Quarry LP boosted its holdings in shares of SK Growth Opportunities by 164.4% in the 3rd quarter. Quarry LP now owns 209,068 shares of the company’s stock valued at $2,370,000 after buying an additional 130,000 shares during the last quarter. Institutional investors own 92.48% of the company’s stock.

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.