M Evo Global Acquisition Corp II (NASDAQ:MEVO – Get Free Report) was the recipient of a large drop in short interest in May. As of May 15th, there was short interest totaling 660 shares, a drop of 44.1% from the April 30th total of 1,181 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 40,521 shares, the days-to-cover ratio is currently 0.0 days.
M Evo Global Acquisition Corp II Stock Up 0.1%
M Evo Global Acquisition Corp II stock traded up $0.01 during trading hours on Tuesday, reaching $9.95. The stock had a trading volume of 1,200 shares, compared to its average volume of 42,073. M Evo Global Acquisition Corp II has a 52 week low of $9.83 and a 52 week high of $9.95. The company’s fifty day simple moving average is $9.88.
Wall Street Analyst Weigh In
Separately, Weiss Ratings started coverage on shares of M Evo Global Acquisition Corp II in a research report on Monday, May 18th. They set a “sell (e)” rating on the stock. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has an average rating of “Sell”.
About M Evo Global Acquisition Corp II
M Evo Global Acquisition Corp II is a blank check special purposr acquisition company.
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