Spring Valley Acquisition Corp. II (NASDAQ:SVII) Sees Significant Decrease in Short Interest

Spring Valley Acquisition Corp. II (NASDAQ:SVII) was the target of a large drop in short interest in November. As of November 30th, there was short interest totalling 100 shares, a drop of 98.0% from the November 15th total of 5,100 shares. Based on an average daily trading volume, of 90,200 shares, the short-interest ratio is currently 0.0 days.

Hedge Funds Weigh In On Spring Valley Acquisition Corp. II

Several large investors have recently modified their holdings of SVII. Cowen AND Company LLC increased its position in Spring Valley Acquisition Corp. II by 15.7% during the second 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. Berkley W R Corp grew its holdings in Spring Valley Acquisition Corp. II by 78.0% during the 2nd quarter. Berkley W R Corp now owns 1,101,435 shares of the company’s stock valued at $12,237,000 after purchasing an additional 482,767 shares during the last quarter. Spartan Fund Management Inc. raised its position in Spring Valley Acquisition Corp. II by 3,239.1% in the 3rd quarter. Spartan Fund Management Inc. now owns 51,856 shares of the company’s stock worth $583,000 after purchasing an additional 50,303 shares during the period. Wolverine Asset Management LLC lifted its stake in Spring Valley Acquisition Corp. II by 14.9% in the third quarter. Wolverine Asset Management LLC now owns 730,595 shares of the company’s stock worth $8,207,000 after purchasing an additional 94,579 shares during the last quarter. Finally, Mizuho Securities USA LLC boosted its position in shares of Spring Valley Acquisition Corp. II by 135.7% during the third quarter. Mizuho Securities USA LLC now owns 1,012,215 shares of the company’s stock valued at $11,337,000 after buying an additional 582,688 shares during the period. Institutional investors own 89.78% of the company’s stock.

Spring Valley Acquisition Corp. II Stock Up 0.1 %

Shares of NASDAQ:SVII traded up $0.01 during trading on Wednesday, reaching $11.22. The company’s stock had a trading volume of 35,274 shares, compared to its average volume of 120,262. The firm’s 50 day simple moving average is $11.34 and its two-hundred day simple moving average is $11.22. Spring Valley Acquisition Corp. II has a 12 month low of $10.78 and a 12 month high of $11.70.

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.