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

Spring Valley Acquisition Corp. II (NASDAQ:SVII) saw 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. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 90,600 shares, the days-to-cover ratio is presently 0.0 days.

Hedge Funds Weigh In On Spring Valley Acquisition Corp. II

Institutional investors and hedge funds have recently made changes to their positions in the business. Mizuho Securities USA LLC increased its stake in shares of Spring Valley Acquisition Corp. II by 135.7% during the third 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 lifted its stake 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 last quarter. Berkley W R Corp boosted its stake in shares of Spring Valley Acquisition Corp. II by 78.0% during the second quarter. Berkley W R Corp now owns 1,101,435 shares of the company’s stock valued at $12,237,000 after purchasing an additional 482,767 shares in the last quarter. Wolverine Asset Management LLC lifted its position in 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 acquiring an additional 94,579 shares during the last quarter. Finally, Cowen AND Company LLC boosted its position 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 purchasing an additional 55,238 shares in the last quarter. Institutional investors own 89.78% of the company’s stock.

Spring Valley Acquisition Corp. II Trading Down 0.2 %

NASDAQ SVII traded down $0.02 during trading hours on Thursday, reaching $11.22. 928 shares of the stock traded hands, compared to its average volume of 116,781. The stock has a 50 day simple moving average of $11.31 and a two-hundred day simple moving average of $11.23. Spring Valley Acquisition Corp. II has a 1 year low of $10.81 and a 1 year high of $11.70.

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.