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

Spring Valley Acquisition Corp. II (NASDAQ:SVII) was the recipient of a large growth in short interest in October. As of October 31st, there was short interest totalling 7,700 shares, a growth of 120.0% from the October 15th total of 3,500 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 89,200 shares, the short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Mizuho Securities USA LLC lifted its holdings in Spring Valley Acquisition Corp. II by 135.7% in the 3rd quarter. Mizuho Securities USA LLC now owns 1,012,215 shares of the company’s stock valued at $11,337,000 after purchasing an additional 582,688 shares in the last quarter. Wolverine Asset Management LLC lifted its holdings in Spring Valley Acquisition Corp. II by 14.9% in the 3rd quarter. Wolverine Asset Management LLC now owns 730,595 shares of the company’s stock valued at $8,207,000 after purchasing an additional 94,579 shares in the last quarter. Spartan Fund Management Inc. increased its stake in shares of 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 acquiring an additional 50,303 shares during the last quarter. Berkley W R Corp increased its stake in shares of Spring Valley Acquisition Corp. II by 78.0% in the 2nd quarter. Berkley W R Corp now owns 1,101,435 shares of the company’s stock worth $12,237,000 after acquiring an additional 482,767 shares during the last quarter. Finally, Cowen AND Company LLC increased its stake in shares of Spring Valley Acquisition Corp. II by 15.7% in the 2nd quarter. Cowen AND Company LLC now owns 407,731 shares of the company’s stock worth $4,534,000 after acquiring an additional 55,238 shares during the last quarter. Hedge funds and other institutional investors own 89.78% of the company’s stock.

Spring Valley Acquisition Corp. II Trading Down 2.1 %

SVII stock traded down $0.25 during midday trading on Wednesday, reaching $11.45. The stock had a trading volume of 425,117 shares, compared to its average volume of 175,597. The company’s fifty day simple moving average is $11.33 and its 200 day simple moving average is $11.20. Spring Valley Acquisition Corp. II has a 52-week low of $10.76 and a 52-week 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.