Spring Valley Acquisition Corp. II (NASDAQ:SVII) Sees Large Increase in Short Interest

Spring Valley Acquisition Corp. II (NASDAQ:SVIIGet Free Report) saw a large growth in short interest in the month of June. As of June 15th, there was short interest totalling 1,500 shares, a growth of 36.4% from the May 31st total of 1,100 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 30,700 shares, the short-interest ratio is presently 0.0 days.

Hedge Funds Weigh In On Spring Valley Acquisition Corp. II

Hedge funds and other institutional investors have recently bought and sold shares of the company. Walleye Trading LLC purchased a new stake in shares of Spring Valley Acquisition Corp. II during the 1st quarter worth $266,000. Bracebridge Capital LLC purchased a new stake in Spring Valley Acquisition Corp. II during the fourth quarter worth about $540,000. Virtu Financial LLC acquired a new position in Spring Valley Acquisition Corp. II during the first quarter worth about $541,000. Sandia Investment Management LP purchased a new position in Spring Valley Acquisition Corp. II in the first quarter valued at about $1,015,000. Finally, Hsbc Holdings PLC acquired a new stake in shares of Spring Valley Acquisition Corp. II during the 4th quarter valued at approximately $2,178,000. 89.78% of the stock is currently owned by hedge funds and other institutional investors.

Spring Valley Acquisition Corp. II Trading Up 0.1 %

NASDAQ:SVII traded up $0.01 during mid-day trading on Monday, reaching $11.13. 918 shares of the stock were exchanged, compared to its average volume of 129,699. Spring Valley Acquisition Corp. II has a 1 year low of $10.56 and a 1 year high of $11.14. The company has a 50 day simple moving average of $11.08 and a 200-day simple moving average of $10.97.

About Spring Valley Acquisition Corp. II

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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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