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

Spring Valley Acquisition Corp. II (NASDAQ:SVII) was the recipient of a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 1,100 shares, an increase of 1,000.0% from the November 30th total of 100 shares. Based on an average daily trading volume, of 90,600 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.1% of the company’s stock are sold short.

Institutional Investors Weigh In On Spring Valley Acquisition Corp. II

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Mizuho Securities USA LLC increased 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 during the period. Quarry LP boosted 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 valued at $6,895,000 after acquiring an additional 550,000 shares in the last quarter. Berkley W R Corp increased its holdings 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 worth $12,237,000 after purchasing an additional 482,767 shares in the last quarter. Wolverine Asset Management LLC boosted its stake in shares of 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 valued at $8,207,000 after purchasing an additional 94,579 shares in the last quarter. Finally, Cowen AND Company LLC grew its holdings in Spring Valley Acquisition Corp. II by 15.7% during 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 during the last quarter. Institutional investors own 89.78% of the company’s stock.

Spring Valley Acquisition Corp. II Stock Performance

NASDAQ SVII traded down $0.02 during trading on Thursday, hitting $11.22. The company’s stock had a trading volume of 928 shares, compared to its average volume of 116,781. Spring Valley Acquisition Corp. II has a 52 week low of $10.81 and a 52 week high of $11.70. The firm has a 50 day moving average price of $11.31 and a 200 day moving average price of $11.23.

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.