SK Growth Opportunities Co. (NASDAQ:SKGR) Short Interest Update

SK Growth Opportunities Co. (NASDAQ:SKGR) saw a large decrease in short interest in the month of March. As of March 31st, there was short interest totalling 12,000 shares, a decrease of 18.4% from the March 15th total of 14,700 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 67,800 shares, the short-interest ratio is presently 0.2 days.

SK Growth Opportunities Stock Performance

SK Growth Opportunities stock opened at $11.07 on Monday. SK Growth Opportunities has a 1 year low of $10.42 and a 1 year high of $11.60. The company’s 50-day moving average is $11.06 and its two-hundred day moving average is $10.91.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Two Sigma Investments LP bought a new stake in shares of SK Growth Opportunities in the 3rd quarter valued at about $4,975,000. Balyasny Asset Management LLC bought a new stake in shares of SK Growth Opportunities in the 3rd quarter valued at about $4,985,000. Aristeia Capital LLC bought a new stake in shares of SK Growth Opportunities in the 4th quarter valued at about $560,000. Nomura Holdings Inc. bought a new stake in shares of SK Growth Opportunities in the 4th quarter valued at about $10,205,000. Finally, Millennium Management LLC bought a new stake in shares of SK Growth Opportunities in the 4th quarter valued at about $10,180,000. 92.48% of the stock is currently owned by institutional investors and hedge funds.

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.