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

SK Growth Opportunities Co. (NASDAQ:SKGR) saw a large growth in short interest in March. As of March 15th, there was short interest totalling 3,900 shares, a growth of 85.7% from the February 28th total of 2,100 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 44,500 shares, the days-to-cover ratio is currently 0.1 days.

Hedge Funds Weigh In On SK Growth Opportunities

Institutional investors and hedge funds have recently modified their holdings of the business. Mizuho Securities USA LLC increased its holdings in shares of SK Growth Opportunities by 9.3% during the fourth quarter. Mizuho Securities USA LLC now owns 719,169 shares of the company’s stock worth $8,306,000 after purchasing an additional 60,978 shares during the period. Quarry LP grew its position in SK Growth Opportunities by 164.4% during the third quarter. Quarry LP now owns 209,068 shares of the company’s stock worth $2,370,000 after buying an additional 130,000 shares in the last quarter. Wolverine Asset Management LLC grew its position in SK Growth Opportunities by 0.8% during the fourth quarter. Wolverine Asset Management LLC now owns 576,627 shares of the company’s stock worth $6,703,000 after buying an additional 4,561 shares in the last quarter. FNY Investment Advisers LLC increased its stake in SK Growth Opportunities by 50.6% during the 4th quarter. FNY Investment Advisers LLC now owns 90,499 shares of the company’s stock worth $1,050,000 after acquiring an additional 30,399 shares during the period. Finally, Virtu Financial LLC acquired a new position in SK Growth Opportunities in the 4th quarter valued at $320,000. 92.48% of the stock is currently owned by institutional investors and hedge funds.

SK Growth Opportunities Trading Down 0.2 %

Shares of SKGR stock opened at $12.65 on Friday. The firm has a market capitalization of $189.41 million, a P/E ratio of 57.50 and a beta of 0.02. SK Growth Opportunities has a 1 year low of $11.01 and a 1 year high of $13.40. The firm’s fifty day moving average price is $11.71 and its two-hundred day moving average price is $11.56.

SK Growth Opportunities (NASDAQ:SKGR) last released its quarterly earnings data on Thursday, March 27th. The company reported $0.07 EPS for the quarter.

About SK Growth Opportunities

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.