SVF Investment Corp. 2 (NASDAQ:SVFB) Short Interest Update

SVF Investment Corp. 2 (NASDAQ:SVFB) was the recipient of a significant decline in short interest during the month of December. As of December 31st, there was short interest totalling 2,600 shares, a decline of 55.2% from the December 15th total of 5,800 shares. Based on an average daily trading volume, of 60,500 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.

NASDAQ SVFB opened at $9.85 on Friday. The firm’s fifty day moving average price is $9.92 and its two-hundred day moving average price is $9.88. SVF Investment Corp. 2 has a fifty-two week low of $9.68 and a fifty-two week high of $11.20.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Citadel Advisors LLC grew its stake in shares of SVF Investment Corp. 2 by 214.6% during the second quarter. Citadel Advisors LLC now owns 328,202 shares of the company’s stock worth $3,266,000 after buying an additional 223,887 shares during the last quarter. Glazer Capital LLC grew its stake in shares of SVF Investment Corp. 2 by 154.1% during the second quarter. Glazer Capital LLC now owns 281,961 shares of the company’s stock worth $2,806,000 after buying an additional 170,996 shares during the last quarter. NINE MASTS CAPITAL Ltd bought a new stake in shares of SVF Investment Corp. 2 during the second quarter worth $995,000. EJF Capital LLC bought a new stake in shares of SVF Investment Corp. 2 during the second quarter worth $199,000. Finally, GABELLI & Co INVESTMENT ADVISERS INC. bought a new stake in shares of SVF Investment Corp. 2 during the second quarter worth $935,000. 74.35% of the stock is currently owned by hedge funds and other institutional investors.

About SVF Investment Corp. 2

SVF Investment Corp. 2 operates as a blank check company. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was formerly known as SVF Investment II Corp. and changed its name to SVF Investment Corp.

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