Short Interest in Spring Valley Acquisition Corp. II (NASDAQ:SVII) Rises By 69.2%

Spring Valley Acquisition Corp. II (NASDAQ:SVII) saw a large growth in short interest in the month of February. As of February 28th, there was short interest totalling 2,200 shares, a growth of 69.2% from the February 13th total of 1,300 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 7,100 shares, the days-to-cover ratio is currently 0.3 days.

Hedge Funds Weigh In On Spring Valley Acquisition Corp. II

Several hedge funds and other institutional investors have recently modified their holdings of the company. Mizuho Securities USA LLC lifted its stake in shares of 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 valued at $11,337,000 after purchasing an additional 582,688 shares in the last quarter. Quarry LP increased its holdings in 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 purchasing an additional 550,000 shares during the last quarter. Verition Fund Management LLC increased its holdings in shares of 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 acquiring an additional 1,150 shares during the last quarter. Toronto Dominion Bank bought a new position in Spring Valley Acquisition Corp. II during the 4th quarter worth $1,014,000. Finally, Virtu Financial LLC bought a new position in Spring Valley Acquisition Corp. II during the 4th quarter worth $427,000. 89.78% of the stock is owned by institutional investors and hedge funds.

Spring Valley Acquisition Corp. II Stock Up 0.1 %

SVII traded up $0.01 during midday trading on Friday, hitting $11.50. The company’s stock had a trading volume of 40,846 shares, compared to its average volume of 65,456. Spring Valley Acquisition Corp. II has a 52-week low of $10.93 and a 52-week high of $11.70. The firm has a 50-day moving average price of $11.34 and a two-hundred day moving average price of $11.30.

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.