Spring Valley Acquisition Corp. II (NASDAQ:SVII) Short Interest Up 550.0% in February

Spring Valley Acquisition Corp. II (NASDAQ:SVII) saw a large growth in short interest in the month of February. As of February 15th, there was short interest totalling 1,300 shares, a growth of 550.0% from the January 31st total of 200 shares. Based on an average trading volume of 26,100 shares, the short-interest ratio is currently 0.0 days. Approximately 0.1% of the shares of the company are sold short.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Toronto Dominion Bank acquired a new position in Spring Valley Acquisition Corp. II during the fourth quarter worth about $1,014,000. Tidal Investments LLC purchased a new position in Spring Valley Acquisition Corp. II during the fourth quarter worth $147,000. Geode Capital Management LLC raised its holdings in shares of Spring Valley Acquisition Corp. II by 15.3% in the fourth 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. Virtu Financial LLC acquired a new stake in shares of Spring Valley Acquisition Corp. II during the fourth quarter valued at $427,000. Finally, Robinson Capital Management LLC purchased a new stake in Spring Valley Acquisition Corp. II during the 4th quarter worth about $146,000. Institutional investors and hedge funds own 89.78% of the company’s stock.

Spring Valley Acquisition Corp. II Stock Performance

NASDAQ SVII traded up $0.03 during mid-day trading on Friday, hitting $11.40. The stock had a trading volume of 696 shares, compared to its average volume of 13,857. The company has a 50 day simple moving average of $11.30 and a 200 day simple moving average of $11.28. Spring Valley Acquisition Corp. II has a 52-week low of $10.91 and a 52-week 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.