Spring Valley Acquisition Corp. II (NASDAQ:SVII – Get Free Report) saw a large decrease in short interest in November. As of November 15th, there was short interest totalling 5,100 shares, a decrease of 33.8% from the October 31st total of 7,700 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 86,400 shares, the short-interest ratio is currently 0.1 days.
Spring Valley Acquisition Corp. II Price Performance
NASDAQ:SVII remained flat at $11.22 during midday trading on Friday. 3 shares of the company were exchanged, compared to its average volume of 32,207. The business has a 50 day moving average of $11.34 and a two-hundred day moving average of $11.21. Spring Valley Acquisition Corp. II has a 52 week low of $10.78 and a 52 week high of $11.70.
Institutional Investors Weigh In On Spring Valley Acquisition Corp. II
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SVII. Walleye Trading LLC bought a new position in Spring Valley Acquisition Corp. II in the 1st quarter worth $266,000. Virtu Financial LLC bought a new position in shares of Spring Valley Acquisition Corp. II in the 1st quarter worth about $541,000. Spartan Fund Management Inc. increased its stake in shares of 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 worth $583,000 after acquiring an additional 50,303 shares in the last quarter. Verition Fund Management LLC increased its stake 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 worth $3,957,000 after acquiring an additional 1,150 shares in the last quarter. Finally, Cowen AND Company LLC increased its stake in shares of Spring Valley Acquisition Corp. II by 15.7% in the 2nd quarter. Cowen AND Company LLC now owns 407,731 shares of the company’s stock worth $4,534,000 after acquiring an additional 55,238 shares in the last quarter. 89.78% of the stock is currently owned by institutional investors.
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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