Spring Valley Acquisition Corp. II (NASDAQ:SVII – Get 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
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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