Evolution Global Acquisition Corp (NASDAQ:EVOXU – Get Free Report) was the recipient of a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 27 shares, a growth of 440.0% from the September 30th total of 5 shares. Based on an average daily trading volume, of 500 shares, the short-interest ratio is presently 0.1 days.
Evolution Global Acquisition Price Performance
Shares of NASDAQ EVOXU remained flat at $10.21 during mid-day trading on Thursday. Evolution Global Acquisition has a fifty-two week low of $9.83 and a fifty-two week high of $10.31. The company has a 50-day moving average of $10.26 and a 200 day moving average of $10.22.
Evolution Global Acquisition Company Profile
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. Its securities have traded as units under the Nasdaq symbol EVOXU.
Like other blank check companies, Evolution Global Acquisition does not operate a conventional business or sell products and services. Its principal activities consist of raising capital through a public offering, evaluating potential merger or acquisition targets, and pursuing a transaction such as a merger, share exchange, asset acquisition, or similar business combination.
Publicly available information about the company’s specific target industries, geographic markets, operating subsidiaries, and leadership is limited.
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