Spring Valley Acquisition Corp. II (NASDAQ:SVIIR) Sees Large Decline in Short Interest

Spring Valley Acquisition Corp. II (NASDAQ:SVIIR) was the target of a significant decline in short interest in April. As of April 15th, there was short interest totalling 1,200 shares, a decline of 45.5% from the March 31st total of 2,200 shares. Based on an average daily volume of 22,100 shares, the days-to-cover ratio is currently 0.1 days.

Spring Valley Acquisition Corp. II Price Performance

Shares of NASDAQ SVIIR remained flat at $0.13 during midday trading on Friday. Spring Valley Acquisition Corp. II has a 12-month low of $0.02 and a 12-month high of $0.29. The company’s 50 day moving average is $0.14 and its 200 day moving average is $0.13.

About Spring Valley Acquisition Corp. II

Spring Valley Acquisition Corp. II does not have significant operations. The company intends to acquire assets and businesses through a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination. Spring Valley Acquisition Corp. II was incorporated in 2021 and is based in Dallas, Texas.