Spring Valley Acquisition Corp. II (NASDAQ:SVII) Short Interest Update

Spring Valley Acquisition Corp. II (NASDAQ:SVII) was the recipient of a significant decline in short interest in the month of 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 company are short sold. Based on an average trading volume of 35,500 shares, the days-to-cover ratio is currently 0.4 days.

Spring Valley Acquisition Corp. II Stock Performance

Shares of SVII stock traded down $0.01 during trading hours on Friday, reaching $11.02. The company had a trading volume of 173 shares, compared to its average volume of 16,504. The business has a fifty day moving average price of $10.97 and a 200-day moving average price of $10.86. Spring Valley Acquisition Corp. II has a one year low of $10.42 and a one year high of $11.04.

Hedge Funds Weigh In On Spring Valley Acquisition Corp. II

A number of institutional investors and hedge funds have recently made changes to their positions in the business. AQR Arbitrage LLC boosted its holdings in shares of Spring Valley Acquisition Corp. II by 8.7% in the third quarter. AQR Arbitrage LLC now owns 498,944 shares of the company’s stock worth $5,339,000 after buying an additional 40,000 shares during the last quarter. Westchester Capital Management LLC boosted its holdings in shares of Spring Valley Acquisition Corp. II by 5.4% in the third quarter. Westchester Capital Management LLC now owns 942,447 shares of the company’s stock worth $10,084,000 after buying an additional 48,671 shares during the last quarter. Bracebridge Capital LLC purchased a new position in shares of Spring Valley Acquisition Corp. II in the fourth quarter worth approximately $540,000. Wolverine Asset Management LLC boosted its holdings in shares of Spring Valley Acquisition Corp. II by 20.3% in the fourth quarter. Wolverine Asset Management LLC now owns 575,146 shares of the company’s stock worth $6,217,000 after buying an additional 96,865 shares during the last quarter. Finally, Schechter Investment Advisors LLC boosted its holdings in shares of Spring Valley Acquisition Corp. II by 28.6% in the fourth quarter. Schechter Investment Advisors LLC now owns 477,378 shares of the company’s stock worth $5,160,000 after buying an additional 106,130 shares during the last quarter. Hedge funds and other institutional investors own 89.78% of the company’s stock.

About Spring Valley Acquisition Corp. II

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.