SK Growth Opportunities Co. (NASDAQ:SKGR) Short Interest Up 192.3% in October

SK Growth Opportunities Co. (NASDAQ:SKGR) saw a large increase in short interest in the month of October. As of October 15th, there was short interest totalling 3,800 shares, an increase of 192.3% from the September 30th total of 1,300 shares. Based on an average trading volume of 116,400 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

SK Growth Opportunities Price Performance

NASDAQ:SKGR opened at $11.45 on Monday. SK Growth Opportunities has a 52 week low of $10.75 and a 52 week high of $11.60. The business’s 50-day simple moving average is $11.32 and its two-hundred day simple moving average is $11.19.

Institutional Investors Weigh In On SK Growth Opportunities

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Sculptor Capital LP lifted its position in shares of SK Growth Opportunities by 1.3% during the second quarter. Sculptor Capital LP now owns 116,509 shares of the company’s stock worth $1,296,000 after purchasing an additional 1,509 shares during the last quarter. Berkley W R Corp raised its holdings in shares of SK Growth Opportunities by 186.2% in the 2nd quarter. Berkley W R Corp now owns 483,160 shares of the company’s stock valued at $5,373,000 after purchasing an additional 314,317 shares in the last quarter. Virtu Financial LLC raised its holdings 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. Walleye Trading LLC lifted its position 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. Finally, Periscope Capital Inc. purchased a new stake in shares of SK Growth Opportunities in the 1st quarter worth approximately $287,000. 92.48% of the stock is currently owned by hedge funds and other institutional investors.

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.