Harraden Circle Investments LLC Acquires Shares of 970,000 SK Growth Opportunities Co. (NASDAQ:SKGR)

Harraden Circle Investments LLC bought a new position in SK Growth Opportunities Co. (NASDAQ:SKGR) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 970,000 shares of the company’s stock, valued at approximately $11,276,000. SK Growth Opportunities makes up about 10.2% of Harraden Circle Investments LLC’s holdings, making the stock its 3rd largest position. Harraden Circle Investments LLC owned about 0.06% of SK Growth Opportunities as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Geode Capital Management LLC boosted its position in SK Growth Opportunities by 8.8% in the fourth quarter. Geode Capital Management LLC now owns 12,412 shares of the company’s stock worth $144,000 after purchasing an additional 1,009 shares during the last quarter. Virtu Financial LLC bought a new position in shares of SK Growth Opportunities in the 4th quarter worth approximately $320,000. FNY Investment Advisers LLC boosted 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 during the last quarter. DLD Asset Management LP bought a new stake in SK Growth Opportunities during the fourth quarter valued at approximately $3,487,000. Finally, Wolverine Asset Management LLC increased its holdings 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 valued at $6,703,000 after buying an additional 4,561 shares during the last quarter. 92.48% of the stock is currently owned by hedge funds and other institutional investors.

SK Growth Opportunities Price Performance

Shares of SK Growth Opportunities stock opened at $11.74 on Friday. SK Growth Opportunities Co. has a 1-year low of $10.39 and a 1-year high of $13.40. The company’s fifty day simple moving average is $11.69 and its 200-day simple moving average is $11.60. The stock has a market capitalization of $175.77 million, a PE ratio of 53.36 and a beta of -0.03.

SK Growth Opportunities (NASDAQ:SKGR) last released its quarterly earnings results on Thursday, March 27th. The company reported $0.07 earnings per share (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.