Spring Valley Acquisition Corp. II (NASDAQ:SVII) Short Interest Down 42.1% in September

Key Points

• Spring Valley Acquisition Corp. II experienced a significant decrease in short interest, dropping 42.1% in September from 9,500 to 5,500 shares.
• Mizuho Securities USA LLC increased its holdings in the company by 16.1%, now owning approximately 2.06% of the stock.
• Analysts have given the stock a current average rating of "Hold", with Weiss Ratings reaffirming this assessment.

Spring Valley Acquisition Corp. II (NASDAQ:SVII - Get Free Report) was the recipient of a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 5,500 shares, a drop of 42.1% from the August 31st total of 9,500 shares. Based on an average daily trading volume, of 39,200 shares, the short-interest ratio is currently 0.1 days. Approximately 0.3% of the shares of the company are sold short. Approximately 0.3% of the shares of the company are sold short. Based on an average daily trading volume, of 39,200 shares, the short-interest ratio is currently 0.1 days.

Institutional Trading of Spring Valley Acquisition Corp. II

An institutional investor recently raised its position in Spring Valley Acquisition Corp. II stock. Mizuho Securities USA LLC grew its holdings in Spring Valley Acquisition Corp. II (NASDAQ:SVII - Free Report) by 16.1% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. 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 approximately 2.06% of Spring Valley Acquisition Corp. II worth $2,326,000 as of its most recent SEC filing. 89.78% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Spring Valley Acquisition Corp. II in a research report on Saturday, September 27th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has an average rating of "Hold".

Spring Valley Acquisition Corp. II Price Performance

SVII opened at $12.24 on Friday. The business has a fifty day simple moving average of $12.14 and a 200-day simple moving average of $11.83. Spring Valley Acquisition Corp. II has a fifty-two week low of $11.20 and a fifty-two week high of $13.39.

Spring Valley Acquisition Corp. II Company 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.

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