Aristeia Capital LLC has recently announced that it has increased stake in Spring Valley Acquisition Corp II (NASDAQ:SVII) by 14.97%. After grabbing 1.23 million shares, the institutional investor is now in possession of 0.16 million shares of the Financial Company. The new investment brought the stake of investor firm to 5.34% having worth around $13.25 million. Moreover, Westchester Capital Management LL increased its share by 48671.0 to have a control over 0.94 million shares. And Shaolin Capital Management LLC raised its holdings to 0.61 million shares by acquiring 0.61 million shares or 2.67% of the stake.
Spring Valley Acquisition Corp II (SVII) concluded trading on 01/04/24 at a closing price of $10.84, with 3.38 million shares of worth about $36.63 million changed hands on the day. Currently the company’s common shares owned by public are about 23.00M shares, out of which, 22.80M shares are available for trading.
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First Trust Merger Arbitrage Fund, Merger Fund, and GAMCO International SICAV – Merge are the top 3 mutual funds which are holding stakes in Spring Valley Acquisition Corp II First Trust Merger Arbitrage Fund is currently holding 2.08 million shares of worth totaling $22.38 million. The company recently came buying 0.61 million shares which brought its stake up to 9.03% of the company’s outstanding shares. Merger Fund bought 7873.0 shares, after which its hold over company’s outstanding shares expand to 3.40%, leaving 0.78 million shares with the mutual fund that have a worth of about $8.42 million. GAMCO International SICAV – Merge, after buying 0.16 million shares, have now control over 0.68% of the stake in the company. It holds 0.0 shares of worth $1.69 million.
Stock saw a price change of 0.23% in past 5 days and over the past one month there was a price change of 0.46%. Over the period of past 52 weeks, stock dropped to lowest price of $10.13 but also hit the highest price of $10.85 during that period. The average intraday trading volume for Spring Valley Acquisition Corp II shares is 133.37K. The stock is currently trading 0.34% above its 20-day simple moving average (SMA20), while that difference is up 0.62% for SMA50 and it goes to 3.13% higher than SMA200.
Aristeia Capital LLC acquired 1.23 million shares of Spring Valley Acquisition Corp II having value of about $13.25 million. Data submitted at the U.S SEC by Aristeia Capital LLC revealed that the firm now holds 0.16 million shares in the company valued at close to $1734400.0, or have control over 14.97% stake in the company. Spring Valley Acquisition Corp II (NASDAQ: SVII) currently have 23.00M outstanding shares and institutions hold larger chunk of about 68.10% of that. Holding of mutual funds in the company is about 14.50% while other institutional holders and individual stake holders have control over 76.42% and — of the stake respectively.
The stock has a current market capitalization of $332.46M and its 3Y-monthly beta is at 0.00. PE ratio of stock for trailing 12 months is 35.17, while it has posted earnings per share of $0.31 in the same period. It has Quick Ratio of 9.41 while making debt-to-equity ratio of 0.00. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SVII, volatility over the week remained 0.15% while standing at 0.10% over the month.
Analysts are in expectations that Spring Valley Acquisition Corp II (SVII) stock would likely to be making an EPS of $SVIX in the current quarter, while forecast for next quarter EPS is $14.61 and it is $Stocks for next year. For the current quarter EPS, analysts have given the company a lowest target $Sprott Inc. which is $SS INNOVATIONS INTERNATIONAL IN at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $Churchill Capital Corp VII in the same quarter a year ago.
Analysts at 0 brokerage firms have issued recommendations for the Spring Valley Acquisition Corp II (SVII)’s stock out of those 0 Wall Street analysts, 0 recommended a “Buy” rating, while 0 were in favor recommending the stock as a “Hold” and 0 analyst recommended the stock as “Sell”.
