Evolution Global Acquisition Corp (NASDAQ:EVOXU) Short Interest Update

Evolution Global Acquisition Corp (NASDAQ:EVOXU) saw a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 177 shares, a decline of 91.1% from the May 31st total of 1,983 shares. Based on an average daily volume of 2,161 shares, the days-to-cover ratio is currently 0.1 days.

Evolution Global Acquisition Price Performance

EVOXU remained flat at $10.18 during trading hours on Thursday. The company had a trading volume of 161 shares, compared to its average volume of 5,471. Evolution Global Acquisition has a 12-month low of $10.05 and a 12-month high of $10.30. The company has a fifty day moving average price of $10.18.

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.