SK Growth Opportunities Co. (NASDAQ:SKGRW – Get Free Report) was the recipient of 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 presently 0.3 days.
SK Growth Opportunities Stock Down 1.5 %
Shares of SK Growth Opportunities stock opened at $0.66 on Thursday. The stock’s fifty day moving average is $0.53 and its two-hundred day moving average is $0.42. SK Growth Opportunities has a 52 week low of $0.15 and a 52 week high of $0.71.
Institutional Trading of SK Growth Opportunities
A number of large investors have recently made changes to their positions in the stock. K2 Principal Fund L.P. boosted its holdings in shares of SK Growth Opportunities by 209.2% in the fourth quarter. K2 Principal Fund L.P. now owns 569,365 shares of the company’s stock valued at $342,000 after purchasing an additional 385,208 shares during the period. Fort Baker Capital Management LP raised its position in 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 valued at $1,298,000 after purchasing an additional 72,891 shares in the last quarter. Finally, Harraden Circle Investments LLC purchased a new stake in shares of SK Growth Opportunities in the 4th quarter worth $368,000.
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.
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