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

Spring Valley Acquisition Corp. II (NASDAQ:SVII) was the target of a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 400 shares, a decrease of 81.8% from the February 28th total of 2,200 shares. Based on an average daily volume of 7,900 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Institutional Investors Weigh In On Spring Valley Acquisition Corp. II

Hedge funds have recently modified their holdings of the stock. Quarry LP lifted its stake in Spring Valley Acquisition Corp. II by 863.1% during the third quarter. Quarry LP now owns 613,725 shares of the company’s stock valued at $6,895,000 after buying an additional 550,000 shares in the last quarter. Robinson Capital Management LLC purchased a new position in Spring Valley Acquisition Corp. II during the 4th quarter worth approximately $146,000. Verition Fund Management LLC lifted its holdings in shares of Spring Valley Acquisition Corp. II by 0.3% in the third quarter. Verition Fund Management LLC now owns 352,343 shares of the company’s stock valued at $3,957,000 after purchasing an additional 1,150 shares in the last quarter. Toronto Dominion Bank purchased a new position in shares of Spring Valley Acquisition Corp. II during the fourth quarter valued at $1,014,000. Finally, Tidal Investments LLC acquired a new position in Spring Valley Acquisition Corp. II during the fourth quarter valued at $147,000. 89.78% of the stock is owned by hedge funds and other institutional investors.

Spring Valley Acquisition Corp. II Price Performance

Shares of NASDAQ SVII traded down $0.01 during trading on Wednesday, hitting $11.52. The company had a trading volume of 13,875 shares, compared to its average volume of 66,089. Spring Valley Acquisition Corp. II has a 52 week low of $10.97 and a 52 week high of $11.70. The business’s 50-day moving average is $11.37 and its 200 day moving average is $11.32.

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.