Spring Valley Acquisition Corp. II (NASDAQ:SVII – Get Free Report) was the target of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totalling 2,300 shares, a decrease of 36.1% from the June 30th total of 3,600 shares. Based on an average daily volume of 38,600 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are short sold.
Spring Valley Acquisition Corp. II Stock Performance
NASDAQ:SVII traded up $0.02 during trading hours on Friday, reaching $11.14. The stock had a trading volume of 3,776 shares, compared to its average volume of 12,796. The stock has a 50 day simple moving average of $11.12 and a 200 day simple moving average of $11.01. Spring Valley Acquisition Corp. II has a 12-month low of $10.59 and a 12-month high of $11.17.
Institutional Investors Weigh In On Spring Valley Acquisition Corp. II
Large investors have recently added to or reduced their stakes in the company. Walleye Trading LLC bought a new stake in shares of Spring Valley Acquisition Corp. II during the 1st quarter valued at $266,000. Virtu Financial LLC bought a new position in shares of Spring Valley Acquisition Corp. II in the first quarter valued at approximately $541,000. Bracebridge Capital LLC bought a new stake in Spring Valley Acquisition Corp. II during the 4th quarter worth approximately $540,000. Sandia Investment Management LP bought a new position in Spring Valley Acquisition Corp. II in the 1st quarter valued at $1,015,000. Finally, Hsbc Holdings PLC bought a new position in shares of Spring Valley Acquisition Corp. II in the fourth quarter worth $2,178,000. Hedge funds and other institutional investors own 89.78% of the company’s stock.
About Spring Valley Acquisition Corp. II
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.
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