Short Interest in SK Growth Opportunities Co. (NASDAQ:SKGRW) Increases By 350.0%

SK Growth Opportunities Co. (NASDAQ:SKGRW) saw a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 8,100 shares, a growth of 350.0% from the February 28th total of 1,800 shares. Based on an average trading volume of 25,700 shares, the short-interest ratio is currently 0.3 days.

SK Growth Opportunities Trading Down 9.2 %

NASDAQ SKGRW opened at $0.58 on Friday. The business’s 50-day moving average price is $0.53 and its 200 day moving average price is $0.42. SK Growth Opportunities has a twelve month low of $0.15 and a twelve month high of $0.71.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. K2 Principal Fund L.P. increased its position 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 purchasing an additional 385,208 shares during the last quarter. Harraden Circle Investments LLC purchased a new stake in shares of SK Growth Opportunities during the 4th quarter valued at $368,000. Finally, Fort Baker Capital Management LP increased its holdings in shares of SK Growth Opportunities by 3.5% during the 4th 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 last quarter.

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.