Short Interest in SK Growth Opportunities Co. (NASDAQ:SKGR) Grows By 192.3%

SK Growth Opportunities Co. (NASDAQ:SKGR) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totalling 3,800 shares, an increase of 192.3% from the September 30th total of 1,300 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 116,400 shares, the short-interest ratio is currently 0.0 days.

Hedge Funds Weigh In On SK Growth Opportunities

A number of large investors have recently made changes to their positions in SKGR. Berkley W R Corp boosted its position in shares of SK Growth Opportunities by 186.2% in the 2nd quarter. Berkley W R Corp now owns 483,160 shares of the company’s stock worth $5,373,000 after purchasing an additional 314,317 shares in the last quarter. Virtu Financial LLC purchased a new stake in SK Growth Opportunities in the first quarter valued at about $1,182,000. Fifth Lane Capital LP acquired a new stake in SK Growth Opportunities in the first quarter worth about $553,000. Walleye Trading LLC grew its stake in shares of 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. Finally, Periscope Capital Inc. acquired a new position in shares of SK Growth Opportunities during the first quarter valued at about $287,000. 92.48% of the stock is owned by institutional investors and hedge funds.

SK Growth Opportunities Price Performance

Shares of NASDAQ SKGR opened at $11.45 on Friday. SK Growth Opportunities has a 12-month low of $10.75 and a 12-month high of $11.60. The stock’s fifty day simple moving average is $11.32 and its two-hundred day simple moving average is $11.19.

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.