SK Growth Opportunities Co. (NASDAQ:SKGR - Get Free Report) saw a large increase in short interest in January. As of January 15th, there was short interest totalling 3,000 shares, an increase of 36.4% from the December 31st total of 2,200 shares. Based on an average trading volume of 40,600 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are short sold.
Institutional Trading of SK Growth Opportunities
A number of large investors have recently added to or reduced their stakes in SKGR. Glazer Capital LLC purchased a new position in shares of SK Growth Opportunities during the 3rd quarter valued at $113,000. FNY Investment Advisers LLC increased its position in SK Growth Opportunities by 50.6% in 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 during the period. Periscope Capital Inc. raised its stake in SK Growth Opportunities by 61.3% during the 3rd quarter. Periscope Capital Inc. now owns 100,000 shares of the company's stock valued at $1,134,000 after purchasing an additional 38,007 shares during the last quarter. Crossingbridge Advisors LLC bought a new position in SK Growth Opportunities during the third quarter valued at about $1,981,000. Finally, Quarry LP raised its stake in shares of SK Growth Opportunities by 164.4% in the third quarter. Quarry LP now owns 209,068 shares of the company's stock valued at $2,370,000 after purchasing an additional 130,000 shares in the last quarter. 92.48% of the stock is currently owned by institutional investors.
SK Growth Opportunities Stock Performance
Shares of SK Growth Opportunities stock remained flat at $11.65 on Wednesday. The stock had a trading volume of 1,463 shares, compared to its average volume of 33,320. SK Growth Opportunities has a fifty-two week low of $10.80 and a fifty-two week high of $12.32. The stock has a fifty day moving average price of $11.62 and a 200-day moving average price of $11.43. The stock has a market capitalization of $174.40 million, a price-to-earnings ratio of 52.96 and a beta of 0.02.
About SK Growth Opportunities
(
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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.
Further Reading
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