Spring Valley Acquisition Corp. II (
NASDAQ:SVII -
Get Free Report) was the target of a significant growth in short interest in July. As of July 15th, there was short interest totalling 900 shares, a growth of 200.0% from the June 30th total of 300 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 7,000 shares, the short-interest ratio is presently 0.1 days.
Institutional Investors Weigh In On Spring Valley Acquisition Corp. II
Large investors have recently made changes to their positions in the stock. Geode Capital Management LLC lifted its holdings in Spring Valley Acquisition Corp. II by 15.3% in the fourth 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 during the last quarter. Tidal Investments LLC acquired a new position in Spring Valley Acquisition Corp. II in the fourth quarter valued at approximately $147,000. Toronto Dominion Bank acquired a new position in Spring Valley Acquisition Corp. II in the fourth quarter valued at approximately $1,014,000. Finally, Mizuho Securities USA LLC lifted its holdings in Spring Valley Acquisition Corp. II by 16.1% in the first quarter. Mizuho Securities USA LLC now owns 204,004 shares of the company's stock valued at $2,326,000 after acquiring an additional 28,336 shares during the last quarter. 89.78% of the stock is currently owned by hedge funds and other institutional investors.
Spring Valley Acquisition Corp. II Price Performance
Shares of SVII stock traded up $0.05 during trading hours on Tuesday, reaching $11.90. The company had a trading volume of 50,131 shares, compared to its average volume of 13,158. The stock has a fifty day moving average of $11.75 and a 200-day moving average of $11.56. Spring Valley Acquisition Corp. II has a 12-month low of $11.12 and a 12-month high of $11.99.
About Spring Valley Acquisition Corp. II
(
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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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