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

Spring Valley Acquisition Corp. II (NASDAQ:SVII) was the target of a significant increase in short interest in February. As of February 28th, there was short interest totalling 2,200 shares, an increase of 69.2% from the February 13th total of 1,300 shares. Based on an average daily trading volume, of 7,100 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the company’s stock are sold short.

Spring Valley Acquisition Corp. II Trading Up 0.1 %

NASDAQ:SVII opened at $11.50 on Monday. Spring Valley Acquisition Corp. II has a 52-week low of $10.93 and a 52-week high of $11.70. The stock has a 50-day simple moving average of $11.34 and a 200 day simple moving average of $11.30.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of SVII. Quarry LP boosted its position in Spring Valley Acquisition Corp. II by 863.1% during the third quarter. Quarry LP now owns 613,725 shares of the company’s stock valued at $6,895,000 after purchasing an additional 550,000 shares during the last quarter. Robinson Capital Management LLC acquired a new position in Spring Valley Acquisition Corp. II during the fourth quarter valued at approximately $146,000. Mizuho Securities USA LLC boosted its position in Spring Valley Acquisition Corp. II by 135.7% during the third 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 during the last quarter. Verition Fund Management LLC boosted its position in Spring Valley Acquisition Corp. II by 0.3% during the third quarter. Verition Fund Management LLC now owns 352,343 shares of the company’s stock valued at $3,957,000 after purchasing an additional 1,150 shares during the last quarter. Finally, Toronto Dominion Bank acquired a new position in Spring Valley Acquisition Corp. II during the fourth quarter valued at approximately $1,014,000. 89.78% of the stock is currently 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.