M Evo Global Acquisition Corp II (NASDAQ:MEVO) Sees Large Decline in Short Interest

M Evo Global Acquisition Corp II (NASDAQ:MEVOGet Free Report) was the recipient of a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 660 shares, a decline of 44.1% from the April 30th total of 1,181 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 40,521 shares, the days-to-cover ratio is currently 0.0 days.

M Evo Global Acquisition Corp II Trading Up 0.1%

Shares of NASDAQ MEVO traded up $0.01 during midday trading on Thursday, hitting $9.95. 4,201 shares of the company’s stock were exchanged, compared to its average volume of 42,073. M Evo Global Acquisition Corp II has a 12 month low of $9.83 and a 12 month high of $9.95. The business has a 50 day moving average of $9.88.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings began coverage on M Evo Global Acquisition Corp II in a research report on Monday, May 18th. They set a “sell (e)” rating on the stock. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, M Evo Global Acquisition Corp II has an average rating of “Sell”.

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About M Evo Global Acquisition Corp II

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M Evo Global Acquisition Corp II is a blank check special purposr acquisition company.

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