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

Spring Valley Acquisition Corp. II (NASDAQ:SVII) saw a large growth in short interest during the month of July. As of July 15th, there was short interest totalling 900 shares, a growth of 200.0% from the June 30th total of 300 shares. Based on an average daily volume of 7,000 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

Spring Valley Acquisition Corp. II Price Performance

Spring Valley Acquisition Corp. II stock opened at $12.00 on Thursday. The firm has a 50 day simple moving average of $11.76 and a 200-day simple moving average of $11.57. Spring Valley Acquisition Corp. II has a 1-year low of $11.12 and a 1-year high of $12.00.

Institutional Trading of Spring Valley Acquisition Corp. II

Hedge funds have recently made changes to their positions in the company. Geode Capital Management LLC lifted its holdings in shares of Spring Valley Acquisition Corp. II by 15.3% in the 4th 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 during the last quarter. Tidal Investments LLC acquired a new position in shares of Spring Valley Acquisition Corp. II in the 4th quarter worth approximately $147,000. Toronto Dominion Bank acquired a new position in shares of Spring Valley Acquisition Corp. II in the 4th quarter worth approximately $1,014,000. Finally, Mizuho Securities USA LLC lifted its holdings in shares of Spring Valley Acquisition Corp. II by 16.1% in the 1st quarter. Mizuho Securities USA LLC now owns 204,004 shares of the company’s stock worth $2,326,000 after acquiring an additional 28,336 shares during the last quarter. Hedge funds and other institutional investors own 89.78% of the company’s stock.

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.