Short Interest in Spring Valley Acquisition Corp. II (NASDAQ:SVII) Decreases By 81.8%

Spring Valley Acquisition Corp. II (NASDAQ:SVII - Get Free Report) saw a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 400 shares, a decrease of 81.8% from the February 28th total of 2,200 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 7,900 shares, the days-to-cover ratio is presently 0.1 days.

Spring Valley Acquisition Corp. II Trading Down 0.0 %

Spring Valley Acquisition Corp. II stock traded down $0.01 during mid-day trading on Friday, reaching $11.53. The company had a trading volume of 2,005 shares, compared to its average volume of 65,241. The stock's 50-day simple moving average is $11.39 and its 200-day simple moving average is $11.33. Spring Valley Acquisition Corp. II has a 1 year low of $10.97 and a 1 year high of $11.70.

Institutional Investors Weigh In On Spring Valley Acquisition Corp. II

Several hedge funds have recently made changes to their positions in the business. Quarry LP lifted 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 in the last quarter. Verition Fund Management LLC raised 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 period. Toronto Dominion Bank purchased a new position in shares of Spring Valley Acquisition Corp. II in the fourth quarter valued at $1,014,000. Virtu Financial LLC acquired a new stake in Spring Valley Acquisition Corp. II during the 4th quarter valued at $427,000. Finally, Robinson Capital Management LLC purchased a new stake in shares of Spring Valley Acquisition Corp. II during the fourth quarter worth about $146,000. Institutional investors and hedge funds own 89.78% of the company's stock.

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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.