Mizuho Securities USA LLC Buys 28,336 Shares of Spring Valley Acquisition Corp. II (NASDAQ:SVII)

Key Points

• Mizuho Securities USA LLC increased its stake in Spring Valley Acquisition Corp. II by 16.1%, now holding a total of 204,004 shares valued at approximately $2.3 million.
• Institutional investors currently own about 89.78% of Spring Valley Acquisition Corp. II, with other notable stakeholders including Geode Capital Management and Tidal Investments.
• The stock is currently trading at $11.95, with a one-year price range between $11.12 and $12.74.

Mizuho Securities USA LLC boosted its holdings in shares of Spring Valley Acquisition Corp. II (NASDAQ:SVII - Free Report) by 16.1% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 204,004 shares of the company's stock after purchasing an additional 28,336 shares during the period. Mizuho Securities USA LLC owned 2.06% of Spring Valley Acquisition Corp. II worth $2,326,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Toronto Dominion Bank bought a new position in Spring Valley Acquisition Corp. II in the 4th quarter valued at $1,014,000. Tidal Investments LLC bought a new position in Spring Valley Acquisition Corp. II in the 4th quarter valued at $147,000. Finally, Geode Capital Management LLC boosted its position in Spring Valley Acquisition Corp. II by 15.3% in the 4th quarter. Geode Capital Management LLC now owns 12,670 shares of the company's stock valued at $143,000 after buying an additional 1,679 shares during the last quarter. 89.78% of the stock is owned by institutional investors and hedge funds.

Spring Valley Acquisition Corp. II Stock Down 0.4%

SVII traded down $0.05 during mid-day trading on Wednesday, reaching $12.10. The stock had a trading volume of 12,647 shares, compared to its average volume of 59,844. The firm's fifty day simple moving average is $11.82 and its two-hundred day simple moving average is $11.62. Spring Valley Acquisition Corp. II has a 52 week low of $11.15 and a 52 week high of $12.74.

Spring Valley Acquisition Corp. II 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.