Spring Valley Acquisition Corp. II (NASDAQ:SVII) Sees Large Decline in Short Interest

Spring Valley Acquisition Corp. II (NASDAQ:SVII) was the recipient of a significant decrease in short interest in November. As of November 15th, there was short interest totalling 5,100 shares, a decrease of 33.8% from the October 31st total of 7,700 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 86,400 shares, the short-interest ratio is currently 0.1 days.

Institutional Investors Weigh In On Spring Valley Acquisition Corp. II

Large investors have recently bought and sold shares of the company. 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 worth $3,957,000 after acquiring an additional 1,150 shares during the last quarter. Walleye Trading LLC bought a new position in shares of Spring Valley Acquisition Corp. II in the first quarter worth about $266,000. Virtu Financial LLC bought a new position in shares of Spring Valley Acquisition Corp. II in the first quarter worth about $541,000. Spartan Fund Management Inc. lifted its holdings in shares of Spring Valley Acquisition Corp. II by 3,239.1% in the third quarter. Spartan Fund Management Inc. now owns 51,856 shares of the company’s stock worth $583,000 after acquiring an additional 50,303 shares during the last quarter. Finally, Cowen AND Company LLC lifted its holdings in shares of Spring Valley Acquisition Corp. II by 15.7% in the second quarter. Cowen AND Company LLC now owns 407,731 shares of the company’s stock worth $4,534,000 after acquiring an additional 55,238 shares during the last quarter. 89.78% of the stock is currently owned by institutional investors and hedge funds.

Spring Valley Acquisition Corp. II Price Performance

Spring Valley Acquisition Corp. II stock remained flat at $11.22 during trading hours on Friday. 3 shares of the company’s stock were exchanged, compared to its average volume of 32,207. Spring Valley Acquisition Corp. II has a 12-month low of $10.78 and a 12-month high of $11.70. The stock has a fifty day moving average price of $11.34 and a 200 day moving average price of $11.21.

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.