Evolution AB (publ) (OTCMKTS:EVVTY) Sees Large Drop in Short Interest

Evolution AB (publ) (OTCMKTS:EVVTY) was the target of a large decline in short interest in the month of November. As of November 15th, there was short interest totalling 5,100 shares, a decline of 20.3% from the October 31st total of 6,400 shares. Based on an average daily trading volume, of 107,000 shares, the days-to-cover ratio is currently 0.0 days.

Evolution AB (publ) Stock Performance

OTCMKTS EVVTY traded down $3.08 during trading hours on Friday, reaching $87.55. The company’s stock had a trading volume of 55,235 shares, compared to its average volume of 60,442. Evolution AB has a 1-year low of $86.50 and a 1-year high of $134.71. The company’s 50-day moving average is $93.13 and its two-hundred day moving average is $99.21.

About Evolution AB (publ)

Evolution AB (publ) develops, produces, markets, and licenses online casino systems to gaming operators in Europe, Asia, North America, Latin America, and internationally. It offers casino games and live game shows under the Evolution brand; online slot games under the NetEnt brand name; and casino games and software comprising jackpot system, a smart spins bonus management application, and tournaments gamification under the Red Tiger brand.