Spring Valley Acquisition Corp. II (NASDAQ:SVII) Short Interest Update

Spring Valley Acquisition Corp. II (NASDAQ:SVII) was the target of a significant growth in short interest during the month of February. As of February 28th, there was short interest totalling 2,200 shares, a growth of 69.2% from the February 13th total of 1,300 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 7,100 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Investors Weigh In On Spring Valley Acquisition Corp. II

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Verition Fund Management LLC increased its holdings in Spring Valley Acquisition Corp. II by 0.3% in the third quarter. Verition Fund Management LLC now owns 352,343 shares of the company’s stock valued at $3,957,000 after purchasing an additional 1,150 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of 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 worth $143,000 after acquiring an additional 1,679 shares in the last quarter. Robinson Capital Management LLC bought a new stake in shares of Spring Valley Acquisition Corp. II in the fourth quarter worth about $146,000. Tidal Investments LLC bought a new stake in shares of Spring Valley Acquisition Corp. II in the fourth quarter worth about $147,000. Finally, Virtu Financial LLC bought a new stake in shares of Spring Valley Acquisition Corp. II in the fourth quarter worth about $427,000. Institutional investors own 89.78% of the company’s stock.

Spring Valley Acquisition Corp. II Trading Up 0.1 %

NASDAQ SVII opened at $11.50 on Monday. The stock has a 50-day simple moving average of $11.34 and a 200 day simple moving average of $11.30. Spring Valley Acquisition Corp. II has a 12 month low of $10.93 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.