Evolution Global Acquisition Corp (NASDAQ:EVOXU – Get Free Report) was the target of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 5 shares, a decrease of 70.6% from the September 15th total of 17 shares. Based on an average daily trading volume, of 211 shares, the short-interest ratio is currently 0.0 days.
Evolution Global Acquisition Stock Down 0.7%
EVOXU traded down $0.07 during trading on Monday, hitting $10.21. The company’s stock had a trading volume of 1,878 shares, compared to its average volume of 4,375. Evolution Global Acquisition has a one year low of $9.83 and a one year high of $10.31. The business’s 50 day simple moving average is $10.27 and its 200-day simple moving average is $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. 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.
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