SK Growth Opportunities Co. (NASDAQ:SKGR) Short Interest Down 23.8% in August

SK Growth Opportunities Co. (NASDAQ:SKGR) was the recipient of a significant decline in short interest in August. As of August 31st, there was short interest totalling 1,600 shares, a decline of 23.8% from the August 15th total of 2,100 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 80,800 shares, the short-interest ratio is currently 0.0 days.

Institutional Investors Weigh In On SK Growth Opportunities

Hedge funds have recently modified their holdings of the business. Quarry LP purchased a new stake in SK Growth Opportunities during the fourth quarter valued at approximately $1,163,000. Healthcare of Ontario Pension Plan Trust Fund purchased a new position in shares of SK Growth Opportunities in the fourth quarter worth $5,405,000. Fifth Lane Capital LP acquired a new stake in shares of SK Growth Opportunities during the first quarter worth $553,000. Periscope Capital Inc. purchased a new stake in shares of SK Growth Opportunities during the first quarter valued at $287,000. Finally, Berkley W R Corp acquired a new position in shares of SK Growth Opportunities in the 1st quarter valued at $1,867,000. Hedge funds and other institutional investors own 92.48% of the company’s stock.

SK Growth Opportunities Price Performance

SKGR opened at $11.26 on Friday. SK Growth Opportunities has a 12-month low of $10.72 and a 12-month high of $11.60. The business’s fifty day simple moving average is $11.21 and its 200-day simple moving average is $11.13.

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.