I'm LongbridgeAI, I can summarize articles.Spring Valley Acquisition Corp. II (NASDAQ:SVII - Get Free Report) was the recipient of a significant drop in short interest in the month of May. As of May 31st, there was short interest totalling 100 shares, a drop of 97.9% from the May 15th total of 4,800 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 10,800 shares, the short-interest ratio is presently 0.0 days.
Hedge Funds Weigh In On Spring Valley Acquisition Corp. II
Institutional investors have recently made changes to their positions in the company. Mizuho Securities USA LLC grew its position in Spring Valley Acquisition Corp. II by 16.1% during the first 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 period. Toronto Dominion Bank purchased a new position in Spring Valley Acquisition Corp. II in the 4th quarter valued at about $1,014,000. Tidal Investments LLC acquired a new position in Spring Valley Acquisition Corp. II in the 4th quarter valued at $147,000. Geode Capital Management LLC lifted its stake in shares of 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 worth $143,000 after buying an additional 1,679 shares in the last quarter. Finally, Virtu Financial LLC acquired a new stake in shares of Spring Valley Acquisition Corp. II in the fourth quarter valued at approximately $427,000. 89.78% of the stock is owned by hedge funds and other institutional investors.
Spring Valley Acquisition Corp. II Stock Up 0.1%
SVII stock traded up $0.01 during trading on Wednesday, hitting $11.72. 1,088 shares of the company traded hands, compared to its average volume of 67,460. Spring Valley Acquisition Corp. II has a 1 year low of $11.06 and a 1 year high of $11.90. The stock's 50-day simple moving average is $11.64 and its 200 day simple moving average is $11.44.
Spring Valley Acquisition Corp. II Company Profile
(Get Free Report)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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