Evolution Global Acquisition Corp (NASDAQ:EVOXU – Get Free Report) was the target of a large drop in short interest during the month of September. As of September 30th, there was short interest totaling 5 shares, a drop of 70.6% from the September 15th total of 17 shares. Based on an average daily trading volume, of 211 shares, the days-to-cover ratio is presently 0.0 days.
Evolution Global Acquisition Trading Down 0.5%
Shares of EVOXU opened at $10.21 on Wednesday. Evolution Global Acquisition has a one year low of $9.83 and a one year high of $10.31. The company’s fifty day moving average price is $10.27 and its 200 day moving average price is $10.22.
About Evolution Global Acquisition
Evolution Global Acquisition Corp. is a special purpose acquisition company (SPAC) organized to identify and complete a business combination with one or more operating businesses. Rather than developing or selling its own products and services, the company was formed to pursue a merger, share exchange, asset acquisition, reorganization or similar transaction.
The company’s activities primarily involve evaluating potential acquisition targets, conducting due diligence and negotiating the terms of a business combination.
See Also
- Five stocks we like better than Evolution Global Acquisition
- Tax Credit Turmoil: Why Enphase and SolarEdge Face a Tough Road
- A Chinese Rival Just Spooked Memory Stocks—How Worried Should Micron Investors Be?
- Could T-Mobile’s Satellite Competition Fears Create a Buying Opportunity?
- Surgical Precision, Sustainable Returns: Johnson & Johnson Secures Its Cash Flow Runway
Receive News & Ratings for Evolution Global Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Evolution Global Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.
