Spring Valley Acquisition Corp. II (NASDAQ:SVII) Sees Significant Drop in Short Interest

Spring Valley Acquisition Corp. II (NASDAQ:SVII) saw a significant decline in short interest in December. As of December 31st, there was short interest totalling 200 shares, a decline of 81.8% from the December 15th total of 1,100 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 88,900 shares, the short-interest ratio is currently 0.0 days.

Institutional Trading of Spring Valley Acquisition Corp. II

Institutional investors and hedge funds have recently made changes to their positions in the company. Spartan Fund Management Inc. raised its position in 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 period. Verition Fund Management LLC increased its position in 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 buying an additional 1,150 shares during the last quarter. Quarry LP raised its stake in shares of Spring Valley Acquisition Corp. II by 863.1% in 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 during the period. Wolverine Asset Management LLC lifted its position in shares of Spring Valley Acquisition Corp. II by 14.9% during the 3rd quarter. Wolverine Asset Management LLC now owns 730,595 shares of the company’s stock valued at $8,207,000 after buying an additional 94,579 shares during the last quarter. Finally, Mizuho Securities USA LLC increased its holdings in Spring Valley Acquisition Corp. II by 135.7% in the 3rd quarter. Mizuho Securities USA LLC now owns 1,012,215 shares of the company’s stock worth $11,337,000 after acquiring an additional 582,688 shares during the last quarter. Hedge funds and other institutional investors own 89.78% of the company’s stock.

Spring Valley Acquisition Corp. II Stock Performance

Spring Valley Acquisition Corp. II stock remained flat at $11.26 during trading on Tuesday. The company had a trading volume of 3 shares, compared to its average volume of 21,831. The firm has a 50 day simple moving average of $11.28 and a 200 day simple moving average of $11.24. Spring Valley Acquisition Corp. II has a 1-year low of $10.85 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.