Spring Valley Acquisition Corp. II (NASDAQ:SVII) Short Interest Update

Spring Valley Acquisition Corp. II (NASDAQ:SVII) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totalling 3,500 shares, an increase of 66.7% from the September 30th total of 2,100 shares. Based on an average daily trading volume, of 93,300 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

Spring Valley Acquisition Corp. II Trading Up 0.1 %

Shares of NASDAQ SVII traded up $0.01 during midday trading on Monday, hitting $11.38. The company’s stock had a trading volume of 18,838 shares, compared to its average volume of 122,917. The business’s 50 day moving average is $11.26 and its two-hundred day moving average is $11.16. Spring Valley Acquisition Corp. II has a 12-month low of $10.73 and a 12-month high of $11.50.

Institutional Trading of Spring Valley Acquisition Corp. II

A number of hedge funds and other institutional investors have recently bought and sold shares of SVII. Mizuho Securities USA LLC purchased a new stake in shares of Spring Valley Acquisition Corp. II during the first quarter valued at $3,893,000. Periscope Capital Inc. boosted its position in Spring Valley Acquisition Corp. II by 10.7% in the 1st quarter. Periscope Capital Inc. now owns 553,501 shares of the company’s stock valued at $6,083,000 after buying an additional 53,501 shares during the period. Sandia Investment Management LP bought a new position in Spring Valley Acquisition Corp. II in the 1st quarter worth about $1,015,000. Berkley W R Corp grew its stake in Spring Valley Acquisition Corp. II by 147.1% in the 1st quarter. Berkley W R Corp now owns 618,668 shares of the company’s stock worth $6,793,000 after acquiring an additional 368,328 shares in the last quarter. Finally, Walleye Trading LLC purchased a new position in shares of Spring Valley Acquisition Corp. II during the first quarter worth approximately $266,000. Hedge funds and other institutional investors own 89.78% of the company’s stock.

Spring Valley Acquisition Corp. II Company Profile

Spring Valley Acquisition Corp. II does not have significant operations. It intends effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination. The company was incorporated in 2021 and is based in Dallas, Texas.