Spring Valley Acquisition Corp. IV (NASDAQ:SVIV) Stock Short Interest Report for October

Spring Valley Acquisition Corp. IV (NASDAQ:SVIV) was the target of a large increase in short interest during the month of October. As of October 30th, there was short interest totaling 62 shares, an increase of 376.9% from the October 15th total of 13 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 62,677 shares, the short-interest ratio is currently 0.0 days.

Spring Valley Acquisition Corp. IV Price Performance

Shares of Spring Valley Acquisition Corp. IV stock traded down $0.06 during trading hours on Thursday, hitting $10.10. 2,823 shares of the company were exchanged, compared to its average volume of 50,137. Spring Valley Acquisition Corp. IV has a 1 year low of $9.55 and a 1 year high of $10.80. The business has a 50-day moving average of $10.12 and a 200-day moving average of $10.11.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings upgraded shares of Spring Valley Acquisition Corp. IV from a “sell (e)” rating to a “sell (e+)” rating in a research note on Wednesday, September 9th. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat, the stock presently has a consensus rating of “Sell”.

Spring Valley Acquisition Corp. IV Company Profile

Spring Valley Acquisition Corp. IV is a special purpose acquisition company, or SPAC, formed to pursue a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with another company. The company has identified energy transition, decarbonization and sustainability-related businesses as areas of interest. As a SPAC, it does not operate a business or offer products and services of its own while it seeks a suitable transaction. If completed, a business combination would give the acquired company access to public markets through the transaction.