Spring Valley Acquisition Corp. II (NASDAQ:SVII) Short Interest Up 1,000.0% in December

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

Hedge Funds Weigh In On Spring Valley Acquisition Corp. II

Several hedge funds have recently modified their holdings of SVII. Cowen AND Company LLC boosted its position in Spring Valley Acquisition Corp. II by 15.7% during the second quarter. Cowen AND Company LLC now owns 407,731 shares of the company’s stock valued at $4,534,000 after purchasing an additional 55,238 shares during the last quarter. Berkley W R Corp boosted its holdings 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 valued at $12,237,000 after buying an additional 482,767 shares during the last quarter. Spartan Fund Management Inc. grew its stake in shares of 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 buying an additional 50,303 shares in the last quarter. Wolverine Asset Management LLC raised its position in Spring Valley Acquisition Corp. II by 14.9% during the third quarter. Wolverine Asset Management LLC now owns 730,595 shares of the company’s stock worth $8,207,000 after acquiring an additional 94,579 shares in the last quarter. Finally, Mizuho Securities USA LLC lifted its stake in Spring Valley Acquisition Corp. II by 135.7% in the third quarter. Mizuho Securities USA LLC now owns 1,012,215 shares of the company’s stock valued at $11,337,000 after acquiring an additional 582,688 shares during the last quarter. Institutional investors own 89.78% of the company’s stock.

Spring Valley Acquisition Corp. II Stock Performance

SVII stock remained flat at $11.22 during midday trading on Friday. 1 shares of the company’s stock traded hands, compared to its average volume of 116,781. The business has a fifty day moving average price of $11.31 and a two-hundred day moving average price of $11.23. Spring Valley Acquisition Corp. II has a 12-month low of $10.81 and a 12-month 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.