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

SK Growth Opportunities Co. (NASDAQ:SKGR) was the target of a large decrease in short interest during the month of October. As of October 31st, there was short interest totalling 2,000 shares, a decrease of 47.4% from the October 15th total of 3,800 shares. Based on an average daily trading volume, of 105,800 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

SK Growth Opportunities Price Performance

Shares of SK Growth Opportunities stock remained flat at $11.51 during trading hours on Wednesday. The stock had a trading volume of 810 shares, compared to its average volume of 81,146. SK Growth Opportunities has a 1 year low of $10.78 and a 1 year high of $11.60. The stock’s 50-day moving average is $11.37 and its two-hundred day moving average is $11.23.

Institutional Investors Weigh In On SK Growth Opportunities

Several large investors have recently made changes to their positions in the business. Mizuho Securities USA LLC grew its stake in shares of SK Growth Opportunities by 555.6% during the 3rd quarter. Mizuho Securities USA LLC now owns 658,191 shares of the company’s stock worth $7,424,000 after acquiring an additional 557,801 shares during the period. Wolverine Asset Management LLC bought a new position in shares of SK Growth Opportunities during the 3rd quarter worth $6,476,000. Berkley W R Corp grew its stake in shares of SK Growth Opportunities by 186.2% during the 2nd quarter. Berkley W R Corp now owns 483,160 shares of the company’s stock worth $5,373,000 after acquiring an additional 314,317 shares during the period. Walleye Trading LLC boosted its stake in SK Growth Opportunities by 10.2% in the 1st quarter. Walleye Trading LLC now owns 348,900 shares of the company’s stock worth $3,855,000 after purchasing an additional 32,400 shares during the period. Finally, Crossingbridge Advisors LLC bought a new position in SK Growth Opportunities in the 3rd quarter worth about $1,981,000. 92.48% of the stock is owned by hedge funds and other institutional investors.

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.