Spring Valley Acquisition Corp. II (NASDAQ:SVII - Get Free Report) was the recipient of a large drop in short interest in the month of May. As of May 31st, there was short interest totalling 100 shares, a drop of 97.9% from the May 15th total of 4,800 shares. Approximately 0.0% of the company's shares are short sold. Based on an average daily volume of 10,800 shares, the short-interest ratio is currently 0.0 days.
Institutional Investors Weigh In On Spring Valley Acquisition Corp. II
Institutional investors and hedge funds have recently modified their holdings of the company. Geode Capital Management LLC grew 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 acquiring an additional 1,679 shares in the last quarter. Robinson Capital Management LLC acquired a new position in shares of Spring Valley Acquisition Corp. II in the fourth quarter valued at approximately $146,000. Tidal Investments LLC purchased a new stake in Spring Valley Acquisition Corp. II during the 4th quarter worth approximately $147,000. Virtu Financial LLC acquired a new stake in Spring Valley Acquisition Corp. II during the 4th quarter worth approximately $427,000. Finally, Toronto Dominion Bank purchased a new position in Spring Valley Acquisition Corp. II in the 4th quarter valued at approximately $1,014,000. Hedge funds and other institutional investors own 89.78% of the company's stock.
Spring Valley Acquisition Corp. II Stock Up 0.7%
Spring Valley Acquisition Corp. II stock traded up $0.08 during trading on Friday, hitting $11.80. The company had a trading volume of 23,493 shares, compared to its average volume of 66,450. The company's 50 day simple moving average is $11.66 and its 200-day simple moving average is $11.45. Spring Valley Acquisition Corp. II has a 1-year low of $11.06 and a 1-year high of $11.90.
Spring Valley Acquisition Corp. II Company Profile
(
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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.
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