Evolution Global Acquisition Corp (NASDAQ:EVOXU – Get Free Report) was the target of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 17 shares, a decrease 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 currently 0.0 days.
Evolution Global Acquisition Trading Down 0.0%
EVOXU traded down $0.01 during trading hours on Friday, hitting $10.28. Evolution Global Acquisition has a 12 month low of $9.91 and a 12 month high of $10.30. The firm has a fifty day moving average price of $10.24 and a 200-day moving average price of $10.21.
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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