Short Interest in Spring Valley Acquisition Corp. II (NASDAQ:SVII) Rises By 350.0%

Spring Valley Acquisition Corp. II (NASDAQ:SVII) saw a large growth in short interest in the month of March. As of March 31st, there was short interest totalling 1,800 shares, a growth of 350.0% from the March 15th total of 400 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 6,900 shares, the short-interest ratio is currently 0.3 days.

Institutional Trading of Spring Valley Acquisition Corp. II

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

Spring Valley Acquisition Corp. II Trading Up 0.4 %

Shares of SVII stock traded up $0.05 on Tuesday, reaching $11.50. 7,111 shares of the stock were exchanged, compared to its average volume of 65,986. The stock has a 50 day moving average price of $11.44 and a 200 day moving average price of $11.35. Spring Valley Acquisition Corp. II has a one year low of $11.00 and a one year high of $11.70.

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.