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River decision 120BB 10NL ZOOM

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River decision 120BB 10NL ZOOM

Blinds: $0.05/$0.10 (6 Players) BN: $10.32
SB: $21.14
BB: $10.58
UTG: $10.00
MP: $12.19 (Hero)
CO: $14.79
Villain 20/17/7.1 (47)
Preflop ($0.15) Hero is MP with 8 9
UTG folds, Hero raises to $0.30, CO calls $0.30, 3 folds
Flop ($0.75) 9 5 8
Hero bets $0.47, CO calls $0.47
Turn ($1.69) 9 5 8 K
Hero bets $1.10, CO raises to $3.30, Hero calls $2.20
I thought about shoving here but there's nothing worse he can call with, so a check is best?
River ($8.29) 9 5 8 K 7
Hero checks, CO bets $10.72 and is all in, Hero folds
Final Pot CO wins $7.92
Rake is $0.37

Assuming he raised on the turn with some suited broadway (spades) which called on the flop hoping to make straights, flushes or pairs by the river, then against this range of value (sets, straights) and miss flushes:
99,88,55,JTs,98s,76s,AsQs,AsJs,KsJs,QsJs,AsTs,KsTs,QsTs I have 31% equity. Would this be a sound assumption. Also at this limit arent people tend to underbluff

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