Short Interest in Spring Valley Acquisition Corp. II (NASDAQ:SVII) Increases By 140.0%

Spring Valley Acquisition Corp. II (NASDAQ:SVII) was the recipient of a large increase in short interest in the month of June. As of June 30th, there was short interest totalling 3,600 shares, an increase of 140.0% from the June 15th total of 1,500 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 40,900 shares, the short-interest ratio is currently 0.1 days.

Institutional Trading of Spring Valley Acquisition Corp. II

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Virtu Financial LLC purchased a new stake in Spring Valley Acquisition Corp. II during the first quarter worth about $541,000. Walleye Trading LLC acquired a new stake in shares of Spring Valley Acquisition Corp. II in the first quarter valued at approximately $266,000. Berkley W R Corp boosted its holdings in shares of Spring Valley Acquisition Corp. II by 147.1% in the first quarter. Berkley W R Corp now owns 618,668 shares of the company’s stock valued at $6,793,000 after acquiring an additional 368,328 shares during the period. Sandia Investment Management LP acquired a new stake in shares of Spring Valley Acquisition Corp. II during the first quarter worth $1,015,000. Finally, Periscope Capital Inc. lifted its holdings in shares of Spring Valley Acquisition Corp. II by 10.7% during the first quarter. Periscope Capital Inc. now owns 553,501 shares of the company’s stock worth $6,083,000 after purchasing an additional 53,501 shares during the period. 89.78% of the stock is currently owned by hedge funds and other institutional investors.

Spring Valley Acquisition Corp. II Stock Down 0.2 %

SVII traded down $0.02 on Thursday, hitting $11.13. The company had a trading volume of 1,790 shares, compared to its average volume of 126,353. Spring Valley Acquisition Corp. II has a 1 year low of $10.57 and a 1 year high of $11.16. The company’s fifty day moving average price is $11.10 and its 200 day moving average price is $10.99.

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.