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

Spring Valley Acquisition Corp. II (NASDAQ:SVII - Get Free Report) was the target of a large increase in short interest in January. As of January 31st, there was short interest totalling 200 shares, an increase of 100.0% from the January 15th total of 100 shares. Based on an average daily volume of 33,800 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company's stock are short sold.

Institutional Investors Weigh In On Spring Valley Acquisition Corp. II

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Geode Capital Management LLC boosted its stake in Spring Valley Acquisition Corp. II by 15.3% in the 4th quarter. Geode Capital Management LLC now owns 12,670 shares of the company's stock worth $143,000 after purchasing an additional 1,679 shares during the period. Robinson Capital Management LLC bought a new position in shares of Spring Valley Acquisition Corp. II during the fourth quarter worth about $146,000. Virtu Financial LLC acquired a new stake in Spring Valley Acquisition Corp. II in the 4th quarter valued at approximately $427,000. Spartan Fund Management Inc. lifted its stake 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. Finally, Verition Fund Management LLC boosted its position in Spring Valley Acquisition Corp. II by 0.3% during 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 during the last quarter. 89.78% of the stock is currently owned by institutional investors and hedge funds.

Spring Valley Acquisition Corp. II Stock Performance

SVII stock traded down $0.01 during mid-day trading on Monday, hitting $11.33. 2,091 shares of the company were exchanged, compared to its average volume of 5,702. Spring Valley Acquisition Corp. II has a 1-year low of $10.89 and a 1-year high of $11.70. The firm's 50 day simple moving average is $11.27 and its 200 day simple moving average is $11.27.

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.