Short Interest in Spring Valley Acquisition Corp. II (NASDAQ:SVII) Declines By 81.8%

Spring Valley Acquisition Corp. II (NASDAQ:SVII) was the recipient of a significant decrease in short interest in March. As of March 15th, there was short interest totalling 400 shares, a decrease of 81.8% from the February 28th total of 2,200 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 7,900 shares, the days-to-cover ratio is presently 0.1 days.

Spring Valley Acquisition Corp. II Stock Down 0.0 %

Shares of Spring Valley Acquisition Corp. II stock opened at $11.52 on Thursday. The company has a 50 day moving average price of $11.38 and a 200 day moving average price of $11.32. Spring Valley Acquisition Corp. II has a 52 week low of $10.97 and a 52 week high of $11.70.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in SVII. Quarry LP increased its position in shares of Spring Valley Acquisition Corp. II by 863.1% in the 3rd quarter. Quarry LP now owns 613,725 shares of the company’s stock valued at $6,895,000 after acquiring an additional 550,000 shares during the period. Verition Fund Management LLC raised its stake in shares of Spring Valley Acquisition Corp. II by 0.3% in the third quarter. Verition Fund Management LLC now owns 352,343 shares of the company’s stock worth $3,957,000 after purchasing an additional 1,150 shares during the last quarter. Toronto Dominion Bank acquired a new stake in shares of Spring Valley Acquisition Corp. II during the fourth quarter worth about $1,014,000. Virtu Financial LLC purchased a new stake in Spring Valley Acquisition Corp. II in the fourth quarter valued at approximately $427,000. Finally, Robinson Capital Management LLC acquired a new position in Spring Valley Acquisition Corp. II in the 4th quarter worth approximately $146,000. 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.