Periscope Capital Inc. Trims Stock Holdings in SK Growth Opportunities Co. (NASDAQ:SKGR)

Periscope Capital Inc. decreased its holdings in shares of SK Growth Opportunities Co. (NASDAQ:SKGR) by 15.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 85,000 shares of the company’s stock after selling 15,000 shares during the quarter. Periscope Capital Inc. owned about 0.57% of SK Growth Opportunities worth $988,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in SKGR. Wolverine Asset Management LLC raised its stake in shares of SK Growth Opportunities by 0.8% during the 4th quarter. Wolverine Asset Management LLC now owns 576,627 shares of the company’s stock valued at $6,703,000 after purchasing an additional 4,561 shares during the period. Glazer Capital LLC bought a new stake in shares of SK Growth Opportunities during the third quarter valued at about $113,000. FNY Investment Advisers LLC lifted its holdings in shares of SK Growth Opportunities by 50.6% in the fourth quarter. FNY Investment Advisers LLC now owns 90,499 shares of the company’s stock worth $1,050,000 after buying an additional 30,399 shares in the last quarter. Quarry LP boosted its position in shares of SK Growth Opportunities by 164.4% in the third quarter. Quarry LP now owns 209,068 shares of the company’s stock valued at $2,370,000 after acquiring an additional 130,000 shares during the period. Finally, Crossingbridge Advisors LLC bought a new position in shares of SK Growth Opportunities in the third quarter valued at approximately $1,981,000. Hedge funds and other institutional investors own 92.48% of the company’s stock.

SK Growth Opportunities Trading Up 0.0 %

SK Growth Opportunities stock opened at $11.70 on Monday. The firm’s 50 day simple moving average is $11.65 and its 200 day simple moving average is $11.52. SK Growth Opportunities Co. has a 1-year low of $11.00 and a 1-year high of $12.32. The firm has a market capitalization of $175.11 million, a PE ratio of 53.16 and a beta of 0.02.

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.