Evolution Global Acquisition Corp (NASDAQ:EVOXU – Get Free Report) was the recipient of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 1,983 shares, a growth of 58.1% from the May 14th total of 1,254 shares. Based on an average daily volume of 730 shares, the short-interest ratio is currently 2.7 days.
Evolution Global Acquisition Stock Down 0.1%
NASDAQ EVOXU opened at $10.19 on Thursday. Evolution Global Acquisition has a one year low of $10.05 and a one year high of $10.30. The business’s 50 day simple moving average is $10.18.
Evolution Global Acquisition Company Profile
Evolution Global Acquisition (NASDAQ: EVOXU) is a special purpose acquisition company (SPAC) listed on the Nasdaq as units. As a blank?check vehicle, its primary business purpose is to raise capital in the public markets and use those funds to effect a merger, share exchange, asset acquisition, reorganization or other business combination that will result in an operating company being publicly listed.
Unlike operating companies, Evolution Global Acquisition does not produce goods or services on its own; instead it focuses on identifying, negotiating and completing a business combination with a privately held target.
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