Short Interest in Spring Valley Acquisition Corp. II (NASDAQ:SVII) Decreases By 26.7%

Spring Valley Acquisition Corp. II (NASDAQ:SVII) was the recipient of a significant decrease in short interest in the month of April. As of April 15th, there was short interest totalling 12,900 shares, a decrease of 26.7% from the March 31st total of 17,600 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 35,500 shares, the days-to-cover ratio is currently 0.4 days.

Spring Valley Acquisition Corp. II Trading Down 0.1 %

NASDAQ:SVII traded down $0.01 during mid-day trading on Friday, hitting $11.02. The company had a trading volume of 173 shares, compared to its average volume of 16,504. Spring Valley Acquisition Corp. II has a fifty-two week low of $10.42 and a fifty-two week high of $11.04. The business’s fifty day moving average is $10.97 and its two-hundred day moving average is $10.87.

Institutional Investors Weigh In On Spring Valley Acquisition Corp. II

A number of hedge funds have recently modified their holdings of the business. Bracebridge Capital LLC bought a new position in shares of Spring Valley Acquisition Corp. II during the fourth quarter worth about $540,000. Hsbc Holdings PLC bought a new position in shares of Spring Valley Acquisition Corp. II during the fourth quarter worth about $2,178,000. Berkley W R Corp bought a new position in shares of Spring Valley Acquisition Corp. II during the fourth quarter worth about $2,714,000. Schechter Investment Advisors LLC grew its holdings in shares of Spring Valley Acquisition Corp. II by 28.6% during the fourth quarter. Schechter Investment Advisors LLC now owns 477,378 shares of the company’s stock worth $5,160,000 after buying an additional 106,130 shares in the last quarter. Finally, Bulldog Investors LLP grew its holdings in shares of Spring Valley Acquisition Corp. II by 505.2% during the fourth quarter. Bulldog Investors LLP now owns 490,712 shares of the company’s stock worth $5,301,000 after buying an additional 409,632 shares in the last quarter. Institutional investors and hedge funds 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. The company intends to acquire assets and businesses through a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination. Spring Valley Acquisition Corp. II was incorporated in 2021 and is based in Dallas, Texas.