Spring Valley Acquisition Corp. II (NASDAQ:SVII) Short Interest Down 62.8% in April

Spring Valley Acquisition Corp. II (NASDAQ:SVII) was the recipient of a significant decrease in short interest during the month of April. As of April 30th, there was short interest totalling 4,800 shares, a decrease of 62.8% from the April 15th total of 12,900 shares. Based on an average trading volume of 24,500 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company’s shares are short sold.

Spring Valley Acquisition Corp. II Price Performance

SVII stock opened at $11.05 on Monday. Spring Valley Acquisition Corp. II has a 52-week low of $10.45 and a 52-week high of $11.05. The business has a fifty day moving average of $10.99 and a two-hundred day moving average of $10.89.

Hedge Funds Weigh In On Spring Valley Acquisition Corp. II

Hedge funds have recently modified their holdings of the business. Bracebridge Capital LLC acquired a new position in Spring Valley Acquisition Corp. II in the fourth quarter valued at about $540,000. Hsbc Holdings PLC purchased a new position in shares of Spring Valley Acquisition Corp. II during the 4th quarter worth approximately $2,178,000. Berkley W R Corp acquired a new stake in Spring Valley Acquisition Corp. II in the 4th quarter valued at approximately $2,714,000. Mizuho Securities USA LLC purchased a new stake in Spring Valley Acquisition Corp. II in the first quarter valued at approximately $3,893,000. Finally, Schechter Investment Advisors LLC lifted its stake in Spring Valley Acquisition Corp. II by 28.6% during the fourth quarter. Schechter Investment Advisors LLC now owns 477,378 shares of the company’s stock worth $5,160,000 after purchasing an additional 106,130 shares in the last quarter. 89.78% of the stock is currently 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. 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.