SK Growth Opportunities Co. (NASDAQ:SKGRW) Short Interest Down 78.8% in February

SK Growth Opportunities Co. (NASDAQ:SKGRW) saw a significant decline in short interest in the month of February. As of February 28th, there was short interest totalling 1,800 shares, a decline of 78.8% from the February 13th total of 8,500 shares. Based on an average daily volume of 30,000 shares, the short-interest ratio is presently 0.1 days.

Institutional Investors Weigh In On SK Growth Opportunities

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Harraden Circle Investments LLC acquired a new stake in shares of SK Growth Opportunities during the 4th quarter worth about $368,000. K2 Principal Fund L.P. lifted its position in SK Growth Opportunities by 209.2% in the fourth quarter. K2 Principal Fund L.P. now owns 569,365 shares of the company’s stock valued at $342,000 after buying an additional 385,208 shares during the last quarter. Finally, Fort Baker Capital Management LP boosted its stake in SK Growth Opportunities by 3.5% during the fourth quarter. Fort Baker Capital Management LP now owns 2,163,213 shares of the company’s stock worth $1,298,000 after buying an additional 72,891 shares during the period.

SK Growth Opportunities Stock Up 0.4 %

SKGRW stock opened at $0.55 on Thursday. SK Growth Opportunities has a one year low of $0.15 and a one year high of $0.67. The firm’s 50 day moving average price is $0.52 and its 200-day moving average price is $0.40.

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.