Spring Valley Acquisition Corp. II (NASDAQ:SVII) Short Interest Down 72.2% in April

Spring Valley Acquisition Corp. II (NASDAQ:SVII - Get Free Report) was the recipient of a significant decrease in short interest in the month of April. As of April 15th, there was short interest totalling 500 shares, a decrease of 72.2% from the March 31st total of 1,800 shares. Based on an average daily trading volume, of 6,900 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company's shares are short sold.

Hedge Funds Weigh In On Spring Valley Acquisition Corp. II

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Geode Capital Management LLC increased its holdings in shares of Spring Valley Acquisition Corp. II by 15.3% during the 4th quarter. Geode Capital Management LLC now owns 12,670 shares of the company's stock worth $143,000 after buying an additional 1,679 shares during the last quarter. Robinson Capital Management LLC acquired a new stake in Spring Valley Acquisition Corp. II during the fourth quarter worth about $146,000. Tidal Investments LLC purchased a new position in shares of Spring Valley Acquisition Corp. II in the 4th quarter worth about $147,000. Virtu Financial LLC acquired a new position in shares of Spring Valley Acquisition Corp. II in the 4th quarter valued at about $427,000. Finally, Toronto Dominion Bank purchased a new stake in shares of Spring Valley Acquisition Corp. II during the 4th quarter worth about $1,014,000. Institutional investors and hedge funds own 89.78% of the company's stock.

Spring Valley Acquisition Corp. II Trading Down 0.3 %

Shares of NASDAQ SVII traded down $0.04 on Wednesday, reaching $11.63. 10,095 shares of the company traded hands, compared to its average volume of 67,510. Spring Valley Acquisition Corp. II has a fifty-two week low of $11.03 and a fifty-two week high of $11.70. The company has a 50 day moving average of $11.49 and a 200 day moving average of $11.37.

About Spring Valley Acquisition Corp. II

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.