Spring Valley Acquisition Corp. II (NASDAQ:SVII - Get Free Report) was the target of a large decrease in short interest in the month of April. As of April 15th, there was short interest totalling 500 shares, a decrease of 72.2% from the March 31st total of 1,800 shares. Based on an average trading volume of 6,900 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.
Institutional Investors Weigh In On Spring Valley Acquisition Corp. II
A number of institutional investors and hedge funds have recently made changes to their positions in the business. Toronto Dominion Bank purchased a new position in Spring Valley Acquisition Corp. II during the fourth quarter worth about $1,014,000. Virtu Financial LLC bought a new stake in shares of Spring Valley Acquisition Corp. II during the 4th quarter valued at about $427,000. Tidal Investments LLC purchased a new position in shares of Spring Valley Acquisition Corp. II during the fourth quarter worth about $147,000. Robinson Capital Management LLC bought a new position in shares of Spring Valley Acquisition Corp. II in the fourth quarter worth approximately $146,000. Finally, Geode Capital Management LLC raised its stake in 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 purchasing an additional 1,679 shares in the last quarter. Hedge funds and other institutional investors own 89.78% of the company's stock.
Spring Valley Acquisition Corp. II Stock Performance
NASDAQ SVII opened at $11.60 on Friday. The company's 50 day simple moving average is $11.47 and its two-hundred day simple moving average is $11.37. Spring Valley Acquisition Corp. II has a 1 year low of $11.02 and a 1 year high of $11.70.
Spring Valley Acquisition Corp. II Company Profile
(
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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