Spring Valley Acquisition Corp. II (NASDAQ:SVII) Short Interest Down 42.1% in September

Spring Valley Acquisition Corp. II (NASDAQ:SVII) saw a significant decrease in short interest in September. As of September 15th, there was short interest totaling 5,500 shares, a decrease of 42.1% from the August 31st total of 9,500 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average daily volume of 39,200 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 39,200 shares, the short-interest ratio is currently 0.1 days. Approximately 0.3% of the company’s stock are short sold.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “hold (c-)” rating on shares of Spring Valley Acquisition Corp. II in a report on Saturday, September 27th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Spring Valley Acquisition Corp. II Price Performance

SVII stock opened at $12.24 on Friday. The firm has a 50 day moving average of $12.14 and a two-hundred day moving average of $11.83. Spring Valley Acquisition Corp. II has a 12 month low of $11.20 and a 12 month high of $13.39.

Hedge Funds Weigh In On Spring Valley Acquisition Corp. II

An institutional investor recently raised its position in Spring Valley Acquisition Corp. II stock. Mizuho Securities USA LLC raised its stake in shares of Spring Valley Acquisition Corp. II (NASDAQ:SVII) by 16.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 204,004 shares of the company’s stock after buying an additional 28,336 shares during the period. Mizuho Securities USA LLC owned 2.06% of Spring Valley Acquisition Corp. II worth $2,326,000 at the end of the most recent quarter. Institutional investors and hedge funds own 89.78% of the company’s stock.

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.