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

SK Growth Opportunities Co. (NASDAQ:SKGR) was the target of a significant decline in short interest during the month of 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. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 80,800 shares, the short-interest ratio is currently 0.0 days.

Institutional Trading of SK Growth Opportunities

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SKGR. Sculptor Capital LP increased its holdings in shares of 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. Periscope Capital Inc. acquired a new stake in SK Growth Opportunities during the first quarter worth about $287,000. Walleye Trading LLC raised its holdings in shares of SK Growth Opportunities by 10.2% in the 1st quarter. Walleye Trading LLC now owns 348,900 shares of the company’s stock worth $3,855,000 after purchasing an additional 32,400 shares during the period. Virtu Financial LLC lifted its stake in shares of SK Growth Opportunities by 38.4% in the 2nd quarter. Virtu Financial LLC now owns 147,976 shares of the company’s stock valued at $1,645,000 after purchasing an additional 41,065 shares in the last quarter. Finally, Fifth Lane Capital LP purchased a new stake in shares of SK Growth Opportunities during the 1st quarter worth about $553,000. Hedge funds and other institutional investors own 92.48% of the company’s stock.

SK Growth Opportunities Trading Down 0.2 %

SKGR traded down $0.02 during trading on Friday, hitting $11.26. The company’s stock had a trading volume of 7,450 shares, compared to its average volume of 138,400. SK Growth Opportunities has a twelve month low of $10.72 and a twelve month high of $11.60. The firm’s 50 day moving average price is $11.21 and its 200-day moving average price 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.