Short Interest in Spring Valley Acquisition Corp. II (NASDAQ:SVII) Declines By 81.8%

Spring Valley Acquisition Corp. II (NASDAQ:SVIIGet Free Report) was the target of a large 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 short sold. Based on an average trading volume of 88,900 shares, the days-to-cover ratio is presently 0.0 days.

Spring Valley Acquisition Corp. II Stock Performance

NASDAQ SVII remained flat at $11.26 on Tuesday. 3 shares of the company were exchanged, compared to its average volume of 21,831. The stock’s fifty day moving average price is $11.28 and its two-hundred day moving average price is $11.24. Spring Valley Acquisition Corp. II has a 12-month low of $10.85 and a 12-month high of $11.70.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of SVII. Berkley W R Corp lifted its stake in Spring Valley Acquisition Corp. II by 78.0% in the 2nd quarter. Berkley W R Corp now owns 1,101,435 shares of the company’s stock valued at $12,237,000 after acquiring an additional 482,767 shares in the last quarter. Mizuho Securities USA LLC lifted its position in shares of Spring Valley Acquisition Corp. II by 135.7% in the third quarter. Mizuho Securities USA LLC now owns 1,012,215 shares of the company’s stock worth $11,337,000 after purchasing an additional 582,688 shares in the last quarter. Wolverine Asset Management LLC boosted its holdings in Spring Valley Acquisition Corp. II by 14.9% during the third quarter. Wolverine Asset Management LLC now owns 730,595 shares of the company’s stock worth $8,207,000 after purchasing an additional 94,579 shares during the last quarter. Quarry LP grew its position in 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 purchasing an additional 550,000 shares in the last quarter. Finally, Verition Fund Management LLC increased its stake in Spring Valley Acquisition Corp. II by 0.3% in the 3rd quarter. Verition Fund Management LLC now owns 352,343 shares of the company’s stock valued at $3,957,000 after buying an additional 1,150 shares during the last quarter. 89.78% of the stock is owned by institutional investors and hedge funds.

About Spring Valley Acquisition Corp. II

(Get Free Report)

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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