Short Interest in Spring Valley Acquisition Corp. II (NASDAQ:SVII) Decreases By 26.7%

Spring Valley Acquisition Corp. II (NASDAQ:SVII) saw a large decline in short interest in April. As of April 15th, there was short interest totalling 12,900 shares, a decline of 26.7% from the March 31st total of 17,600 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 35,500 shares, the short-interest ratio is currently 0.4 days.

Hedge Funds Weigh In On Spring Valley Acquisition Corp. II

Institutional investors have recently modified their holdings of the business. Shaolin Capital Management LLC grew its position in Spring Valley Acquisition Corp. II by 203.4% during the 3rd quarter. Shaolin Capital Management LLC now owns 615,000 shares of the company’s stock worth $6,617,000 after acquiring an additional 1,210,000 shares during the last quarter. HGC Investment Management Inc. grew its position in Spring Valley Acquisition Corp. II by 93.8% during the 4th quarter. HGC Investment Management Inc. now owns 1,001,876 shares of the company’s stock worth $10,830,000 after acquiring an additional 484,858 shares during the last quarter. Bulldog Investors LLP grew its position in Spring Valley Acquisition Corp. II by 505.2% during the 4th quarter. Bulldog Investors LLP now owns 490,712 shares of the company’s stock worth $5,301,000 after acquiring an additional 409,632 shares during the last quarter. Cowen AND Company LLC grew its position in Spring Valley Acquisition Corp. II by 85.9% during the 3rd quarter. Cowen AND Company LLC now owns 552,725 shares of the company’s stock worth $5,947,000 after acquiring an additional 255,411 shares during the last quarter. Finally, Berkley W R Corp bought a new stake in Spring Valley Acquisition Corp. II during the 4th quarter worth $2,714,000. Institutional investors and hedge funds own 89.78% of the company’s stock.

Spring Valley Acquisition Corp. II Price Performance

Shares of Spring Valley Acquisition Corp. II stock traded down $0.01 during trading on Friday, reaching $11.02. 173 shares of the company’s stock were exchanged, compared to its average volume of 16,504. Spring Valley Acquisition Corp. II has a 1-year low of $10.42 and a 1-year high of $11.04. The firm’s 50-day moving average price is $10.97 and its 200 day moving average price is $10.87.

Spring Valley Acquisition Corp. II Company Profile

Spring Valley Acquisition Corp. II does not have significant operations. The company intends to acquire assets and businesses through a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination. Spring Valley Acquisition Corp. II was incorporated in 2021 and is based in Dallas, Texas.