M Evo Global Acquisition Corp II (NASDAQ:MEVO) Sees Significant Growth in Short Interest

M Evo Global Acquisition Corp II (NASDAQ:MEVO) was the target of a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 1,456 shares, an increase of 96.8% from the June 15th total of 740 shares. Based on an average trading volume of 67,913 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Wall Street Analyst Weigh In

Separately, Weiss Ratings assumed coverage on shares of M Evo Global Acquisition Corp II in a research report on Monday, May 18th. They issued a “sell (e)” rating for the company. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has an average rating of “Sell”.

M Evo Global Acquisition Corp II Stock Up 0.1%

NASDAQ MEVO opened at $9.96 on Thursday. The company has a 50 day moving average price of $9.93. M Evo Global Acquisition Corp II has a 1-year low of $9.83 and a 1-year high of $9.95.

About M Evo Global Acquisition Corp II

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