SK Growth Opportunities Co. (NASDAQ:SKGRW) Short Interest Up 312.5% in October

SK Growth Opportunities Co. (NASDAQ:SKGRW) was the recipient of a large growth in short interest in the month of October. As of October 31st, there was short interest totalling 3,300 shares, a growth of 312.5% from the October 15th total of 800 shares. Based on an average daily trading volume, of 51,500 shares, the days-to-cover ratio is currently 0.1 days.

SK Growth Opportunities Stock Up 6.7 %

Shares of SKGRW traded up $0.02 during trading hours on Wednesday, hitting $0.32. The stock had a trading volume of 27,570 shares, compared to its average volume of 56,200. The company’s fifty day moving average is $0.26 and its two-hundred day moving average is $0.27. SK Growth Opportunities has a 52 week low of $0.04 and a 52 week high of $0.65.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in SK Growth Opportunities stock. K2 Principal Fund L.P. purchased a new stake in SK Growth Opportunities Co. (NASDAQ:SKGRW) during the second quarter, according to its most recent filing with the SEC. The firm 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.