Quarry LP Buys 130,000 Shares of SK Growth Opportunities Co. (NASDAQ:SKGR)

Quarry LP increased its stake in shares of SK Growth Opportunities Co. (NASDAQ:SKGR) by 164.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 209,068 shares of the company’s stock after acquiring an additional 130,000 shares during the quarter. Quarry LP’s holdings in SK Growth Opportunities were worth $2,370,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of SKGR. Glazer Capital LLC bought a new stake in shares of SK Growth Opportunities in the 3rd quarter worth approximately $113,000. Crossingbridge Advisors LLC bought a new stake in shares of SK Growth Opportunities in the 3rd quarter worth approximately $1,981,000. Periscope Capital Inc. grew its position in shares of SK Growth Opportunities by 61.3% in the 3rd quarter. Periscope Capital Inc. now owns 100,000 shares of the company’s stock worth $1,134,000 after buying an additional 38,007 shares during the last quarter. Mizuho Securities USA LLC grew its position in shares of SK Growth Opportunities by 555.6% in the 3rd quarter. Mizuho Securities USA LLC now owns 658,191 shares of the company’s stock worth $7,424,000 after buying an additional 557,801 shares during the last quarter. Finally, Wolverine Asset Management LLC bought a new stake in shares of SK Growth Opportunities in the 3rd quarter worth approximately $6,476,000. 92.48% of the stock is currently owned by institutional investors.

SK Growth Opportunities Stock Performance

Shares of SKGR stock opened at $11.54 on Thursday. The firm has a market cap of $172.75 million, a P/E ratio of 52.36 and a beta of 0.02. SK Growth Opportunities Co. has a fifty-two week low of $10.78 and a fifty-two week high of $11.60. The business’s 50 day moving average price is $11.46 and its 200-day moving average price is $11.27.

SK Growth Opportunities 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.