SK Growth Opportunities Co. (NASDAQ:SKGR – Get Free Report) was the target of a significant decrease in short interest during the month of June. As of June 15th, there was short interest totalling 2,300 shares, a decrease of 14.8% from the May 31st total of 2,700 shares. Based on an average daily volume of 56,500 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.
Institutional Trading of SK Growth Opportunities
Several hedge funds have recently modified their holdings of the stock. Virtu Financial LLC bought a new stake in shares of SK Growth Opportunities during the first quarter valued at approximately $1,182,000. Walleye Trading LLC grew its stake in shares of SK Growth Opportunities by 10.2% during the first quarter. Walleye Trading LLC now owns 348,900 shares of the company’s stock valued at $3,855,000 after purchasing an additional 32,400 shares during the last quarter. Berkley W R Corp bought a new position in SK Growth Opportunities in the first quarter valued at approximately $1,867,000. Periscope Capital Inc. bought a new position in SK Growth Opportunities in the first quarter valued at approximately $287,000. Finally, Fifth Lane Capital LP bought a new position in SK Growth Opportunities in the first quarter valued at approximately $553,000. 92.48% of the stock is owned by institutional investors.
SK Growth Opportunities Price Performance
SKGR opened at $11.12 on Tuesday. SK Growth Opportunities has a one year low of $10.60 and a one year high of $11.60. The company’s 50 day simple moving average is $11.10 and its 200-day simple moving average is $11.03.
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.
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