Short Interest in Spring Valley Acquisition Corp. II (NASDAQ:SVII) Rises By 69.2%

Spring Valley Acquisition Corp. II (NASDAQ:SVII) was the target of a large growth in short interest in the month of February. As of February 28th, there was short interest totalling 2,200 shares, a growth of 69.2% from the February 13th total of 1,300 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 7,100 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in SVII. Geode Capital Management LLC raised its stake in shares of Spring Valley Acquisition Corp. II by 15.3% in the 4th quarter. Geode Capital Management LLC now owns 12,670 shares of the company’s stock valued at $143,000 after acquiring an additional 1,679 shares in the last quarter. Robinson Capital Management LLC bought a new position in shares of Spring Valley Acquisition Corp. II in the 4th quarter valued at approximately $146,000. Tidal Investments LLC bought a new position in shares of Spring Valley Acquisition Corp. II in the 4th quarter valued at approximately $147,000. Virtu Financial LLC bought a new position in shares of Spring Valley Acquisition Corp. II in the 4th quarter valued at approximately $427,000. Finally, Toronto Dominion Bank bought a new position in shares of Spring Valley Acquisition Corp. II in the 4th quarter valued at approximately $1,014,000. 89.78% of the stock is owned by institutional investors.

Spring Valley Acquisition Corp. II Trading Up 0.1 %

Shares of NASDAQ:SVII traded up $0.01 during midday trading on Friday, reaching $11.50. The company had a trading volume of 40,846 shares, compared to its average volume of 65,456. The company has a fifty day simple moving average of $11.34 and a two-hundred day simple moving average of $11.30. Spring Valley Acquisition Corp. II has a 1-year low of $10.93 and a 1-year high of $11.70.

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.