Short Interest in M Evo Global Acquisition Corp II Units (NASDAQ:MEVOU) Decreases By 98.4%

M Evo Global Acquisition Corp II Units (NASDAQ:MEVOUGet Free Report) saw a large decrease in short interest in the month of May. As of May 15th, there was short interest totaling 5 shares, a decrease of 98.4% from the April 30th total of 307 shares. Based on an average daily volume of 615 shares, the short-interest ratio is presently 0.0 days.

M Evo Global Acquisition Corp II Units Price Performance

Shares of MEVOU traded up $0.18 on Thursday, hitting $10.28. The company’s stock had a trading volume of 4,745 shares, compared to its average volume of 85,784. M Evo Global Acquisition Corp II Units has a fifty-two week low of $10.01 and a fifty-two week high of $10.50. The business has a 50 day moving average price of $10.04.

Wall Street Analyst Weigh In

Separately, Wall Street Zen upgraded M Evo Global Acquisition Corp II Units to a “hold” rating in a research note on Tuesday, February 10th.

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