Spring Valley Acquisition Corp. II (NASDAQ:SVII) Sees Large Growth in Short Interest

Spring Valley Acquisition Corp. II (NASDAQ:SVII) was the recipient of a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 1,100 shares, a growth of 1,000.0% from the November 30th total of 100 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 90,600 shares, the short-interest ratio is presently 0.0 days.

Institutional Trading of Spring Valley Acquisition Corp. II

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Verition Fund Management LLC increased its holdings in shares of Spring Valley Acquisition Corp. II by 0.3% in the 3rd quarter. Verition Fund Management LLC now owns 352,343 shares of the company’s stock valued at $3,957,000 after acquiring an additional 1,150 shares during the period. Spartan Fund Management Inc. grew its stake in Spring Valley Acquisition Corp. II by 3,239.1% in the third quarter. Spartan Fund Management Inc. now owns 51,856 shares of the company’s stock valued at $583,000 after purchasing an additional 50,303 shares during the last quarter. Cowen AND Company LLC raised its holdings in Spring Valley Acquisition Corp. II by 15.7% in the second quarter. Cowen AND Company LLC now owns 407,731 shares of the company’s stock worth $4,534,000 after purchasing an additional 55,238 shares in the last quarter. Wolverine Asset Management LLC raised its holdings 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 in the last quarter. Finally, Berkley W R Corp lifted its position in shares of Spring Valley Acquisition Corp. II by 78.0% during the second quarter. Berkley W R Corp now owns 1,101,435 shares of the company’s stock valued at $12,237,000 after buying an additional 482,767 shares during the last quarter. Institutional investors own 89.78% of the company’s stock.

Spring Valley Acquisition Corp. II Stock Performance

Shares of NASDAQ SVII remained flat at $11.22 during midday trading on Friday. 1 shares of the stock were exchanged, compared to its average volume of 116,781. The stock’s 50 day moving average is $11.31 and its 200 day moving average is $11.23. Spring Valley Acquisition Corp. II has a 1 year low of $10.81 and a 1 year high of $11.70.

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.