Spring Valley Acquisition Corp. II (NASDAQ:SVII - Get Free Report) saw a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 1,800 shares, an increase of 350.0% from the March 15th total of 400 shares. Currently, 0.1% of the company's shares are short sold. Based on an average daily volume of 6,900 shares, the days-to-cover ratio is presently 0.3 days.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of SVII. Toronto Dominion Bank acquired a new stake in shares of Spring Valley Acquisition Corp. II during the 4th quarter valued at approximately $1,014,000. Tidal Investments LLC acquired a new stake in shares of Spring Valley Acquisition Corp. II during the fourth quarter worth $147,000. Geode Capital Management LLC lifted its position in shares of 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 buying an additional 1,679 shares during the last quarter. Virtu Financial LLC acquired a new position in shares of Spring Valley Acquisition Corp. II in the 4th quarter valued at about $427,000. Finally, Robinson Capital Management LLC bought a new stake in shares of Spring Valley Acquisition Corp. II during the 4th quarter valued at about $146,000. Hedge funds and other institutional investors own 89.78% of the company's stock.
Spring Valley Acquisition Corp. II Stock Performance
Shares of NASDAQ SVII traded down $0.02 during midday trading on Friday, hitting $11.54. The stock had a trading volume of 102 shares, compared to its average volume of 67,141. Spring Valley Acquisition Corp. II has a 1-year low of $11.01 and a 1-year high of $11.70. The company has a fifty day moving average price of $11.45 and a 200 day moving average price of $11.36.
About Spring Valley Acquisition Corp. II
(
Get Free Report)
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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