SK Growth Opportunities Co. (NASDAQ:SKGRW) Short Interest Down 75.0% in December

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 days-to-cover ratio is presently 0.0 days.

SK Growth Opportunities Price Performance

Shares of NASDAQ SKGRW traded down $0.04 during mid-day trading on Thursday, hitting $0.56. 221 shares of the company were exchanged, compared to its average volume of 54,311. SK Growth Opportunities has a 1-year low of $0.06 and a 1-year high of $0.65. The stock has a 50 day simple moving average of $0.37 and a 200-day simple moving average of $0.30.

Institutional Trading of SK Growth Opportunities

A hedge fund recently bought a new stake in SK Growth Opportunities stock. K2 Principal Fund L.P. purchased a new position in SK Growth Opportunities Co. (NASDAQ:SKGRW) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund 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.