SK Growth Opportunities Co. (NASDAQ:SKGRW) Short Interest Down 85.8% in September

SK Growth Opportunities Co. (NASDAQ:SKGRW) was the recipient of a significant decrease in short interest in the month of September. As of September 15th, there was short interest totalling 7,700 shares, a decrease of 85.8% from the August 31st total of 54,300 shares. Based on an average daily trading volume, of 43,700 shares, the short-interest ratio is currently 0.2 days.

SK Growth Opportunities Stock Performance

Shares of SKGRW stock remained flat at $0.21 during trading on Wednesday. 40 shares of the company traded hands, compared to its average volume of 60,241. The business’s 50 day simple moving average is $0.30 and its 200-day simple moving average is $0.31. SK Growth Opportunities has a one year low of $0.04 and a one year high of $0.65.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in SK Growth Opportunities stock. K2 Principal Fund L.P. acquired a new position in SK Growth Opportunities Co. (NASDAQ:SKGRW) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 184,157 shares of the company’s stock, valued at approximately $44,000.

SK Growth Opportunities Company 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.