Evolution Global Acquisition Corp (NASDAQ:EVOXU) Short Interest Update

Evolution Global Acquisition Corp (NASDAQ:EVOXU – Get Free Report) saw a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 328 shares, an increase of 6,460.0% from the June 30th total of 5 shares. Based on an average daily volume of 1,222 shares, the days-to-cover ratio is currently 0.3 days.

Evolution Global Acquisition Stock Performance

Shares of NASDAQ:EVOXU traded down $0.01 during midday trading on Friday, hitting $10.22. The company had a trading volume of 300 shares, compared to its average volume of 4,964. Evolution Global Acquisition has a twelve month low of $10.05 and a twelve month high of $10.30. The firm’s 50-day moving average is $10.20.

Evolution Global Acquisition Company Profile

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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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