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

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

Spring Valley Acquisition Corp. II Stock Performance

Shares of NASDAQ:SVII traded up $0.07 on Wednesday, hitting $11.35. 1,689 shares of the company were exchanged, compared to its average volume of 25,848. Spring Valley Acquisition Corp. II has a one year low of $10.87 and a one year high of $11.70. The company’s 50 day moving average price is $11.25 and its two-hundred day moving average price is $11.26.

Institutional Trading of Spring Valley Acquisition Corp. II

Hedge funds have recently modified their holdings of the company. Verition Fund Management LLC increased its position in shares of Spring Valley Acquisition Corp. II by 0.3% during the third quarter. Verition Fund Management LLC now owns 352,343 shares of the company’s stock valued at $3,957,000 after purchasing an additional 1,150 shares during the period. Spartan Fund Management Inc. increased its holdings in Spring Valley Acquisition Corp. II by 3,239.1% in the 3rd quarter. Spartan Fund Management Inc. now owns 51,856 shares of the company’s stock valued at $583,000 after buying an additional 50,303 shares during the period. Wolverine Asset Management LLC raised its stake in shares of Spring Valley Acquisition Corp. II by 14.9% in 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 in the last quarter. Quarry LP lifted its holdings in shares of Spring Valley Acquisition Corp. II by 863.1% during the 3rd quarter. Quarry LP now owns 613,725 shares of the company’s stock worth $6,895,000 after acquiring an additional 550,000 shares during the period. Finally, Mizuho Securities USA LLC increased its stake in 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 valued at $11,337,000 after acquiring an additional 582,688 shares during the period. Institutional investors own 89.78% of the company’s stock.

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.