Spring Valley Acquisition Corp. (OTCMKTS:SVSVU – Get Free Report)’s stock price shot up 1.4% during mid-day trading on Monday . The stock traded as high as $11.25 and last traded at $11.15. 2,900 shares were traded during mid-day trading, a decline of 48% from the average session volume of 5,602 shares. The stock had previously closed at $11.00.
Spring Valley Acquisition Price Performance
The firm’s 50-day moving average is $11.15 and its 200-day moving average is $11.15.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Spring Valley Acquisition stock. Raymond James & Associates acquired a new stake in shares of Spring Valley Acquisition Corp. (OTCMKTS:SVSVU – Free Report) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 42,217 shares of the company’s stock, valued at approximately $491,000.
Spring Valley Acquisition Company Profile
Spring Valley Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or related business combination with one or more businesses or entities. The company was incorporated in 2020 and is based in Dallas, Texas.
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