SK Growth Opportunities Co. (NASDAQ:SKGR - Get Free Report) was the target of a significant drop in short interest during the month of December. As of December 31st, there was short interest totalling 2,200 shares, a drop of 18.5% from the December 15th total of 2,700 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 50,500 shares, the short-interest ratio is currently 0.0 days.
Hedge Funds Weigh In On SK Growth Opportunities
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SKGR. Glazer Capital LLC acquired a new position in shares of SK Growth Opportunities in the third quarter valued at about $113,000. FNY Investment Advisers LLC boosted its position in SK Growth Opportunities by 50.6% in the fourth quarter. FNY Investment Advisers LLC now owns 90,499 shares of the company's stock valued at $1,050,000 after buying an additional 30,399 shares during the last quarter. Periscope Capital Inc. increased its holdings in SK Growth Opportunities by 61.3% in the 3rd quarter. Periscope Capital Inc. now owns 100,000 shares of the company's stock worth $1,134,000 after buying an additional 38,007 shares during the period. Sculptor Capital LP raised its position in SK Growth Opportunities by 1.3% during the 2nd quarter. Sculptor Capital LP now owns 116,509 shares of the company's stock worth $1,296,000 after buying an additional 1,509 shares during the last quarter. Finally, Virtu Financial LLC lifted its stake in SK Growth Opportunities by 38.4% during the 2nd quarter. Virtu Financial LLC now owns 147,976 shares of the company's stock valued at $1,645,000 after acquiring an additional 41,065 shares during the period. Hedge funds and other institutional investors own 92.48% of the company's stock.
SK Growth Opportunities Trading Up 0.1 %
Shares of NASDAQ:SKGR traded up $0.01 on Thursday, hitting $11.64. 4,739 shares of the company were exchanged, compared to its average volume of 61,964. The firm has a market capitalization of $174.29 million, a P/E ratio of 52.91 and a beta of 0.02. SK Growth Opportunities has a 1-year low of $10.80 and a 1-year high of $12.32. The stock's 50 day moving average price is $11.58 and its 200 day moving average price is $11.38.
About SK Growth Opportunities
(
Get Free Report)
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.
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