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

Spring Valley Acquisition Corp. II (NASDAQ:SVII) was the recipient of a significant drop in short interest in the month of April. As of April 15th, there was short interest totalling 500 shares, a drop of 72.2% from the March 31st total of 1,800 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 6,900 shares, the days-to-cover ratio is currently 0.1 days.

Spring Valley Acquisition Corp. II Stock Performance

Spring Valley Acquisition Corp. II stock traded up $0.04 during trading hours on Monday, reaching $11.64. 98 shares of the company’s stock traded hands, compared to its average volume of 67,310. Spring Valley Acquisition Corp. II has a fifty-two week low of $11.02 and a fifty-two week high of $11.70. The firm’s 50 day moving average is $11.47 and its 200-day moving average is $11.37.

Institutional Investors Weigh In On Spring Valley Acquisition Corp. II

A number of institutional investors and hedge funds have recently modified their holdings of SVII. Toronto Dominion Bank acquired a new position in shares of Spring Valley Acquisition Corp. II in the 4th quarter valued at $1,014,000. Virtu Financial LLC acquired a new position in Spring Valley Acquisition Corp. II in the fourth quarter valued at about $427,000. Tidal Investments LLC acquired a new position in Spring Valley Acquisition Corp. II in the fourth quarter valued at about $147,000. Robinson Capital Management LLC bought a new position in Spring Valley Acquisition Corp. II during the fourth quarter worth about $146,000. Finally, Geode Capital Management LLC grew its position in shares of Spring Valley Acquisition Corp. II by 15.3% during the 4th quarter. Geode Capital Management LLC now owns 12,670 shares of the company’s stock worth $143,000 after buying an additional 1,679 shares during the period. 89.78% of the stock is owned by institutional investors.

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.