Evolution Global Acquisition Corp (NASDAQ:EVOXU – Get Free Report) was the recipient of a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 17 shares, a decline of 73.0% from the August 15th total of 63 shares. Based on an average daily volume of 759 shares, the days-to-cover ratio is presently 0.0 days.
Evolution Global Acquisition Stock Performance
Shares of EVOXU stock remained flat at $10.28 during trading hours on Monday. The stock had a trading volume of 1,064 shares, compared to its average volume of 4,536. The company has a 50 day moving average price of $10.24 and a 200-day moving average price of $10.21. Evolution Global Acquisition has a 12 month low of $9.91 and a 12 month high of $10.30.
About Evolution Global Acquisition
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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