400,000 Shares in M Evo Global Acquisition Corp II $MEVO Purchased by Rivernorth Capital Management LLC

Rivernorth Capital Management LLC acquired a new position in M Evo Global Acquisition Corp II (NASDAQ:MEVO) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 400,000 shares of the company’s stock, valued at approximately $3,996,000.

Separately, Moore Capital Management LP purchased a new stake in M Evo Global Acquisition Corp II during the 2nd quarter worth approximately $1,984,000.

M Evo Global Acquisition Corp II Stock Performance

Shares of NASDAQ MEVO opened at $10.01 on Monday. M Evo Global Acquisition Corp II has a fifty-two week low of $9.83 and a fifty-two week high of $10.02. The stock’s 50-day simple moving average is $9.96.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings upgraded shares of M Evo Global Acquisition Corp II from a “sell (e)” rating to a “sell (e+)” rating in a report on Monday, August 3rd. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, M Evo Global Acquisition Corp II currently has a consensus rating of “Sell”.

M Evo Global Acquisition Corp II Company Profile

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