Short Interest in Spring Valley Acquisition Corp. II (NASDAQ:SVII) Increases By 31.9%

Spring Valley Acquisition Corp. II (NASDAQ:SVII) saw a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 9,500 shares, an increase of 31.9% from the August 15th total of 7,200 shares. Based on an average daily volume of 27,800 shares, the short-interest ratio is presently 0.3 days. Currently, 0.4% of the company’s stock are short sold. Currently, 0.4% of the company’s stock are short sold. Based on an average daily volume of 27,800 shares, the short-interest ratio is presently 0.3 days.

Spring Valley Acquisition Corp. II Price Performance

Shares of NASDAQ:SVII opened at $12.30 on Friday. Spring Valley Acquisition Corp. II has a 52 week low of $11.20 and a 52 week high of $12.74. The company’s 50 day moving average is $12.00 and its two-hundred day moving average is $11.75.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Tidal Investments LLC purchased a new position in shares of Spring Valley Acquisition Corp. II in the 4th quarter valued at $147,000. Clear Street LLC grew its position in shares of Spring Valley Acquisition Corp. II by 7,870.5% in the 2nd quarter. Clear Street LLC now owns 35,628 shares of the company’s stock valued at $419,000 after buying an additional 35,181 shares during the last quarter. Toronto Dominion Bank purchased a new position in shares of Spring Valley Acquisition Corp. II in the 4th quarter valued at $1,014,000. Finally, Mizuho Securities USA LLC grew its position in shares of Spring Valley Acquisition Corp. II by 16.1% in the 1st quarter. Mizuho Securities USA LLC now owns 204,004 shares of the company’s stock valued at $2,326,000 after buying an additional 28,336 shares during the last quarter. 89.78% of the stock is owned by hedge funds and other institutional investors.

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.