Spring Valley Acquisition Corp. IV (NASDAQ:SVIV) Short Interest Update

Spring Valley Acquisition Corp. IV (NASDAQ:SVIV) saw a significant drop in short interest in the month of May. As of May 29th, there was short interest totaling 464 shares, a drop of 92.6% from the May 14th total of 6,305 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 87,261 shares, the days-to-cover ratio is presently 0.0 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings started coverage on Spring Valley Acquisition Corp. IV in a research report on Friday, May 29th. They set a “sell (e)” rating on the stock. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Spring Valley Acquisition Corp. IV has a consensus rating of “Sell”.

Spring Valley Acquisition Corp. IV Stock Up 0.3%

Shares of Spring Valley Acquisition Corp. IV stock traded up $0.03 on Wednesday, reaching $10.16. 25,001 shares of the stock were exchanged, compared to its average volume of 50,523. Spring Valley Acquisition Corp. IV has a twelve month low of $9.55 and a twelve month high of $10.80. The company has a 50 day simple moving average of $9.98.

About Spring Valley Acquisition Corp. IV

Spring Valley Acquisition Corp IV is a blank check company established for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.