Short Interest in SK Growth Opportunities Co. (NASDAQ:SKGRW) Decreases By 33.3%

SK Growth Opportunities Co. (NASDAQ:SKGRW) was the recipient of a large decline in short interest in the month of November. As of November 15th, there was short interest totalling 2,200 shares, a decline of 33.3% from the October 31st total of 3,300 shares. Based on an average daily trading volume, of 33,600 shares, the short-interest ratio is currently 0.1 days.

SK Growth Opportunities Stock Performance

Shares of SKGRW stock traded down $0.00 during trading hours on Friday, hitting $0.37. The company had a trading volume of 1,042 shares, compared to its average volume of 54,536. The company’s fifty day moving average is $0.27 and its 200 day moving average is $0.27. SK Growth Opportunities has a fifty-two week low of $0.04 and a fifty-two week high of $0.65.

Hedge Funds Weigh In On SK Growth Opportunities

An institutional investor recently bought a new position in SK Growth Opportunities stock. K2 Principal Fund L.P. purchased a new position in shares of SK Growth Opportunities Co. (NASDAQ:SKGRW) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 184,157 shares of the company’s stock, valued at approximately $44,000.

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.