DLD Asset Management LP Acquires Shares of 300,000 SK Growth Opportunities Co. (NASDAQ:SKGR)

DLD Asset Management LP purchased a new position in SK Growth Opportunities Co. (NASDAQ:SKGR - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 300,000 shares of the company's stock, valued at approximately $3,487,000. SK Growth Opportunities comprises about 0.4% of DLD Asset Management LP's holdings, making the stock its 27th largest holding. DLD Asset Management LP owned approximately 2.00% of SK Growth Opportunities as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in SKGR. Geode Capital Management LLC increased its holdings in SK Growth Opportunities by 8.8% in the 4th quarter. Geode Capital Management LLC now owns 12,412 shares of the company's stock valued at $144,000 after buying an additional 1,009 shares during the period. Virtu Financial LLC bought a new position in shares of SK Growth Opportunities in the fourth quarter valued at about $320,000. FNY Investment Advisers LLC lifted its position 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 buying an additional 30,399 shares in the last quarter. Quarry LP grew its holdings in SK Growth Opportunities by 164.4% during the 3rd quarter. Quarry LP now owns 209,068 shares of the company's stock worth $2,370,000 after acquiring an additional 130,000 shares during the last quarter. Finally, Wolverine Asset Management LLC increased its position in SK Growth Opportunities by 0.8% in the 4th quarter. Wolverine Asset Management LLC now owns 576,627 shares of the company's stock valued at $6,703,000 after acquiring an additional 4,561 shares in the last quarter. Institutional investors own 92.48% of the company's stock.

SK Growth Opportunities Trading Down 1.1 %

Shares of SK Growth Opportunities stock traded down $0.13 during midday trading on Monday, reaching $11.15. The company had a trading volume of 3,310 shares, compared to its average volume of 67,278. The stock has a fifty day simple moving average of $11.71 and a 200 day simple moving average of $11.58. SK Growth Opportunities Co. has a 1-year low of $10.94 and a 1-year high of $13.40. The company has a market capitalization of $166.87 million, a price-to-earnings ratio of 50.66 and a beta of -0.03.

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

SK Growth Opportunities 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.