SK Growth Opportunities Co. (NASDAQ:SKGRW) Sees Significant Decrease in Short Interest

SK Growth Opportunities Co. (NASDAQ:SKGRW) was the recipient of a significant decrease in short interest in December. As of December 15th, there was short interest totalling 600 shares, a decrease of 75.0% from the November 30th total of 2,400 shares. Based on an average daily volume of 35,600 shares, the short-interest ratio is currently 0.0 days.

Hedge Funds Weigh In On SK Growth Opportunities

A hedge fund recently bought a new stake in SK Growth Opportunities stock. K2 Principal Fund L.P. purchased a new stake in shares of SK Growth Opportunities Co. (NASDAQ:SKGRW) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 184,157 shares of the company’s stock, valued at approximately $44,000.

SK Growth Opportunities Stock Performance

SKGRW stock opened at $0.56 on Friday. The company has a 50-day moving average of $0.37 and a two-hundred day moving average of $0.30. SK Growth Opportunities has a 52-week low of $0.06 and a 52-week high of $0.65.

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.