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

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

SK Growth Opportunities Trading Up 0.4 %

Shares of NASDAQ SKGRW opened at $0.55 on Thursday. The firm has a 50-day simple moving average of $0.52 and a 200-day simple moving average of $0.40. SK Growth Opportunities has a 52 week low of $0.15 and a 52 week high of $0.67.

Institutional Trading of SK Growth Opportunities

A number of hedge funds have recently bought and sold shares of SKGRW. Harraden Circle Investments LLC purchased a new stake in shares of SK Growth Opportunities in the fourth quarter valued at approximately $368,000. K2 Principal Fund L.P. boosted its stake in SK Growth Opportunities by 209.2% during the fourth quarter. K2 Principal Fund L.P. now owns 569,365 shares of the company’s stock worth $342,000 after buying an additional 385,208 shares during the last quarter. Finally, Fort Baker Capital Management LP grew its holdings in SK Growth Opportunities by 3.5% in the 4th quarter. Fort Baker Capital Management LP now owns 2,163,213 shares of the company’s stock valued at $1,298,000 after buying an additional 72,891 shares in the last quarter.

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.