Short Interest in SK Growth Opportunities Co. (NASDAQ:SKGR) Declines By 31.3%

SK Growth Opportunities Co. (NASDAQ:SKGR) saw a large drop in short interest in the month of September. As of September 15th, there was short interest totalling 1,100 shares, a drop of 31.3% from the August 31st total of 1,600 shares. Based on an average trading volume of 80,100 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Institutional Investors Weigh In On SK Growth Opportunities

A number of hedge funds and other institutional investors have recently bought and sold shares of SKGR. Virtu Financial LLC acquired a new position in SK Growth Opportunities during the first quarter worth $1,182,000. Quarry LP purchased a new stake in shares of SK Growth Opportunities in the 4th quarter worth about $1,163,000. Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in SK Growth Opportunities in the 4th quarter valued at about $5,405,000. Berkley W R Corp increased its holdings in SK Growth Opportunities by 186.2% during the 2nd quarter. Berkley W R Corp now owns 483,160 shares of the company’s stock valued at $5,373,000 after acquiring an additional 314,317 shares in the last quarter. Finally, Walleye Trading LLC raised its position in SK Growth Opportunities by 10.2% during the first quarter. Walleye Trading LLC now owns 348,900 shares of the company’s stock worth $3,855,000 after acquiring an additional 32,400 shares during the last quarter. Institutional investors and hedge funds own 92.48% of the company’s stock.

SK Growth Opportunities Stock Performance

SKGR remained flat at $11.34 during trading on Friday. The company’s stock had a trading volume of 346 shares, compared to its average volume of 88,040. The firm has a 50-day moving average of $11.23 and a two-hundred day moving average of $11.14. SK Growth Opportunities has a 12 month low of $10.74 and a 12 month high of $11.60.

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.