Evolution Global Acquisition Corp (NASDAQ:EVOXU – Get Free Report) was the recipient of a large decline in short interest in 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 daily trading volume, of 759 shares, the short-interest ratio is currently 0.0 days.
Evolution Global Acquisition Price Performance
Shares of NASDAQ:EVOXU traded down $0.01 during mid-day trading on Friday, reaching $10.28. The company has a 50-day moving average of $10.24 and a 200 day moving average of $10.21. Evolution Global Acquisition has a 52 week low of $9.91 and a 52 week high of $10.30.
About Evolution Global Acquisition
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.
See Also
- Five stocks we like better than Evolution Global Acquisition
- 3 Small-Cap Biotechs With Binary Catalysts on the Calendar
- Planet Labs Has Fallen Back to Earth, But Wall Street Still Sees a Rebound
- As Homeowners’ Premiums Surge, This Insurer Is Posting Record Profits
- Nasdaq’s $100 Million Kraken Bet Prepares It for a Market That Never Closes
Receive News & Ratings for Evolution Global Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Evolution Global Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.
