Short Interest in Spring Valley Acquisition Corp. II (NASDAQ:SVII) Declines By 33.8%

Spring Valley Acquisition Corp. II (NASDAQ:SVII) was the target of a large drop in short interest in November. As of November 15th, there was short interest totalling 5,100 shares, a drop of 33.8% from the October 31st total of 7,700 shares. Based on an average daily trading volume, of 86,400 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

Institutional Trading of Spring Valley Acquisition Corp. II

A number of institutional investors and hedge funds have recently bought and sold shares of SVII. Mizuho Securities USA LLC lifted its position in shares of Spring Valley Acquisition Corp. II by 135.7% in the third quarter. Mizuho Securities USA LLC now owns 1,012,215 shares of the company’s stock worth $11,337,000 after buying an additional 582,688 shares in the last quarter. Quarry LP increased its position in Spring Valley Acquisition Corp. II by 863.1% in the third quarter. Quarry LP now owns 613,725 shares of the company’s stock worth $6,895,000 after purchasing an additional 550,000 shares during the last quarter. Berkley W R Corp grew its stake in shares of Spring Valley Acquisition Corp. II by 78.0% in the 2nd quarter. Berkley W R Corp now owns 1,101,435 shares of the company’s stock worth $12,237,000 after buying an additional 482,767 shares in the last quarter. Wolverine Asset Management LLC increased its holdings in shares of Spring Valley Acquisition Corp. II by 14.9% in the 3rd quarter. Wolverine Asset Management LLC now owns 730,595 shares of the company’s stock worth $8,207,000 after buying an additional 94,579 shares during the last quarter. Finally, Cowen AND Company LLC lifted its holdings in shares of Spring Valley Acquisition Corp. II by 15.7% in the 2nd quarter. Cowen AND Company LLC now owns 407,731 shares of the company’s stock valued at $4,534,000 after acquiring an additional 55,238 shares during the last quarter. 89.78% of the stock is currently owned by institutional investors.

Spring Valley Acquisition Corp. II Stock Performance

Spring Valley Acquisition Corp. II stock opened at $11.22 on Friday. Spring Valley Acquisition Corp. II has a 1 year low of $10.78 and a 1 year high of $11.70. The firm’s 50 day moving average price is $11.34 and its 200-day moving average price is $11.21.

Spring Valley Acquisition Corp. II Company Profile

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.