750,000 Shares in M Evo Global Acquisition Corp II $MEVO Bought by Governors Lane LP

Governors Lane LP bought a new position in shares of M Evo Global Acquisition Corp II (NASDAQ:MEVO) during the 2nd quarter, HoldingsChannel reports. The institutional investor bought 750,000 shares of the company’s stock, valued at approximately $7,440,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in MEVO. Lineage Point Capital LP bought a new stake in shares of M Evo Global Acquisition Corp II in the second quarter worth about $1,934,000. Moore Capital Management LP bought a new position in shares of M Evo Global Acquisition Corp II during the 2nd quarter valued at about $1,984,000. Finally, Rivernorth Capital Management LLC bought a new position in shares of M Evo Global Acquisition Corp II during the 2nd quarter valued at about $3,996,000.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings upgraded M Evo Global Acquisition Corp II from a “sell (e)” rating to a “sell (e+)” rating in a research report on Monday, August 3rd. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has an average rating of “Sell”.

M Evo Global Acquisition Corp II Trading Up 0.2%

Shares of NASDAQ:MEVO opened at $10.04 on Wednesday. M Evo Global Acquisition Corp II has a 12 month low of $9.83 and a 12 month high of $11.14. The stock’s fifty day moving average is $9.97.

About M Evo Global Acquisition Corp II

M Evo Global Acquisition Corp II is a blank check special purposr acquisition company.