Spring Valley Acquisition Corp. II (NASDAQ:SVII - Get Free Report) saw a large drop in short interest in the month of December. As of December 31st, there was short interest totalling 200 shares, a drop of 81.8% from the December 15th total of 1,100 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 88,900 shares, the days-to-cover ratio is currently 0.0 days.
Institutional Trading of Spring Valley Acquisition Corp. II
Several hedge funds and other institutional investors have recently modified their holdings of the company. Verition Fund Management LLC boosted its stake in 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 worth $3,957,000 after buying an additional 1,150 shares in the last quarter. 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. Wolverine Asset Management LLC lifted its holdings in 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 buying an additional 94,579 shares in the last quarter. Berkley W R Corp boosted its holdings in Spring Valley Acquisition Corp. II by 78.0% in the second quarter. Berkley W R Corp now owns 1,101,435 shares of the company's stock valued at $12,237,000 after acquiring an additional 482,767 shares during the last quarter. Finally, Quarry LP boosted its stake in shares of Spring Valley Acquisition Corp. II by 863.1% in the 3rd quarter. Quarry LP now owns 613,725 shares of the company's stock valued at $6,895,000 after purchasing an additional 550,000 shares during the last quarter. 89.78% of the stock is currently owned by hedge funds and other institutional investors.
Spring Valley Acquisition Corp. II Stock Performance
Shares of NASDAQ:SVII remained flat at $11.26 on Tuesday. The stock had a trading volume of 3 shares, compared to its average volume of 21,831. Spring Valley Acquisition Corp. II has a one year low of $10.85 and a one year high of $11.70. The firm has a fifty day simple moving average of $11.28 and a 200 day simple moving average of $11.24.
Spring Valley Acquisition Corp. II Company Profile
(
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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.
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