Evolution Global Acquisition Corp (NASDAQ:EVOXU – Get Free Report) was the recipient of a significant decline in short interest in 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 trading volume of 759 shares, the short-interest ratio is presently 0.0 days.
Evolution Global Acquisition Price Performance
Shares of Evolution Global Acquisition stock traded down $0.01 during trading hours on Friday, hitting $10.28. The stock’s fifty day simple moving average is $10.24 and its 200 day simple moving average is $10.21. Evolution Global Acquisition has a 1 year low of $9.91 and a 1 year high of $10.30.
Evolution Global Acquisition Company Profile
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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