Spring Valley Acquisition Corp. II (NASDAQ:SVII) Short Interest Update

Spring Valley Acquisition Corp. II (NASDAQ:SVII) was the target of a large growth in short interest during the month of October. As of October 31st, there was short interest totalling 7,700 shares, a growth of 120.0% from the October 15th total of 3,500 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 89,200 shares, the days-to-cover ratio is currently 0.1 days.

Spring Valley Acquisition Corp. II Stock Down 2.1 %

Shares of NASDAQ:SVII traded down $0.25 during midday trading on Wednesday, reaching $11.45. 425,117 shares of the company’s stock were exchanged, compared to its average volume of 175,597. The firm’s 50 day simple moving average is $11.33 and its two-hundred day simple moving average is $11.20. Spring Valley Acquisition Corp. II has a fifty-two week low of $10.76 and a fifty-two week high of $11.70.

Institutional Trading of Spring Valley Acquisition Corp. II

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Mizuho Securities USA LLC increased its position in shares of Spring Valley Acquisition Corp. II by 135.7% during the 3rd 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 last quarter. Wolverine Asset Management LLC increased its position in shares of Spring Valley Acquisition Corp. II by 14.9% during the 3rd quarter. Wolverine Asset Management LLC now owns 730,595 shares of the company’s stock worth $8,207,000 after purchasing an additional 94,579 shares during the last quarter. Spartan Fund Management Inc. increased its position in shares of Spring Valley Acquisition Corp. II by 3,239.1% during the 3rd quarter. Spartan Fund Management Inc. now owns 51,856 shares of the company’s stock worth $583,000 after purchasing an additional 50,303 shares during the last quarter. Berkley W R Corp increased its position in shares of Spring Valley Acquisition Corp. II by 78.0% during 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 during the last quarter. Finally, Cowen AND Company LLC increased its position in shares of 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 purchasing an additional 55,238 shares during the last quarter. 89.78% of the stock is owned by institutional investors and hedge funds.

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.