Spring Valley Acquisition Corp. II (NASDAQ:SVII - Get Free Report) was the recipient of a significant growth in short interest in the month of February. As of February 28th, there was short interest totalling 2,200 shares, a growth of 69.2% from the February 13th total of 1,300 shares. Based on an average daily volume of 7,100 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the company's shares are short sold.
Hedge Funds Weigh In On Spring Valley Acquisition Corp. II
Hedge funds and other institutional investors have recently made changes to their positions in the company. Geode Capital Management LLC raised its holdings in shares of Spring Valley Acquisition Corp. II by 15.3% in the fourth quarter. Geode Capital Management LLC now owns 12,670 shares of the company's stock valued at $143,000 after acquiring an additional 1,679 shares in the last quarter. Robinson Capital Management LLC bought a new stake in shares of Spring Valley Acquisition Corp. II in the 4th quarter valued at about $146,000. Tidal Investments LLC purchased a new stake in shares of Spring Valley Acquisition Corp. II in the 4th quarter worth approximately $147,000. Virtu Financial LLC bought a new position in shares of Spring Valley Acquisition Corp. II during the fourth quarter valued at approximately $427,000. Finally, Toronto Dominion Bank bought a new position in shares of Spring Valley Acquisition Corp. II during the fourth quarter valued at approximately $1,014,000. Institutional investors own 89.78% of the company's stock.
Spring Valley Acquisition Corp. II Stock Up 0.2 %
NASDAQ:SVII traded up $0.03 during midday trading on Wednesday, hitting $11.52. The stock had a trading volume of 182 shares, compared to its average volume of 65,621. The stock has a 50-day moving average of $11.35 and a 200 day moving average of $11.31. Spring Valley Acquisition Corp. II has a one year low of $10.94 and a one year high of $11.70.
About Spring Valley Acquisition Corp. II
(
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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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