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

Spring Valley Acquisition Corp. II (NASDAQ:SVII) saw a significant drop in short interest in the month of January. As of January 15th, there was short interest totalling 200 shares, a drop of 81.8% from the December 31st total of 1,100 shares. Based on an average trading volume of 88,900 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Institutional Trading of Spring Valley Acquisition Corp. II

A number of hedge funds and other institutional investors have recently made changes to their positions in SVII. Spartan Fund Management Inc. increased its position in 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 valued at $583,000 after acquiring an additional 50,303 shares in the last quarter. Verition Fund Management LLC grew its stake in shares of Spring Valley Acquisition Corp. II by 0.3% during the third quarter. Verition Fund Management LLC now owns 352,343 shares of the company’s stock valued at $3,957,000 after purchasing an additional 1,150 shares during the last quarter. Quarry LP raised its position in Spring Valley Acquisition Corp. II by 863.1% in the 3rd quarter. Quarry LP now owns 613,725 shares of the company’s stock worth $6,895,000 after purchasing an additional 550,000 shares during the last quarter. Wolverine Asset Management LLC increased its stake in shares of Spring Valley Acquisition Corp. II by 14.9% in the 3rd quarter. Wolverine Asset Management LLC now owns 730,595 shares of the company’s stock valued at $8,207,000 after buying an additional 94,579 shares during the period. Finally, Mizuho Securities USA LLC lifted 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 acquiring an additional 582,688 shares during the period. 89.78% of the stock is currently owned by institutional investors and hedge funds.

Spring Valley Acquisition Corp. II Stock Up 0.4 %

Shares of SVII traded up $0.04 during trading hours on Tuesday, hitting $11.32. The stock had a trading volume of 84,015 shares, compared to its average volume of 7,811. Spring Valley Acquisition Corp. II has a 52 week low of $10.87 and a 52 week high of $11.70. The company’s fifty day moving average is $11.24 and its two-hundred day moving average is $11.26.

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.