Spring Valley Acquisition Corp. II (NASDAQ:SVII) Short Interest Up 1,000.0% in December

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

Hedge Funds Weigh In On Spring Valley Acquisition Corp. II

Institutional investors have recently made changes to their positions in the stock. Quarry LP grew its stake in Spring Valley Acquisition Corp. II by 863.1% in the third 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 during the period. Verition Fund Management LLC raised its stake in shares of 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 purchasing an additional 1,150 shares during the period. Mizuho Securities USA LLC grew its holdings in 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 during the period. Wolverine Asset Management LLC increased its holdings in 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 worth $8,207,000 after acquiring an additional 94,579 shares during the last quarter. Finally, Spartan Fund Management Inc. boosted its position in Spring Valley Acquisition Corp. II by 3,239.1% during the third 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 period. Institutional investors and hedge funds own 89.78% of the company's stock.

Spring Valley Acquisition Corp. II Stock Performance

Shares of SVII stock traded down $0.02 during trading hours on Thursday, hitting $11.22. 928 shares of the company were exchanged, compared to its average volume of 116,781. Spring Valley Acquisition Corp. II has a fifty-two week low of $10.81 and a fifty-two week high of $11.70. The company has a 50 day simple moving average of $11.31 and a two-hundred day simple moving average of $11.23.

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.