Short Interest in Evolution Global Acquisition Corp (NASDAQ:EVOXU) Declines By 97.2%

Evolution Global Acquisition Corp (NASDAQ:EVOXU) was the recipient of a significant decline in short interest in the month of June. As of June 30th, there was short interest totaling 5 shares, a decline of 97.2% from the June 15th total of 177 shares. Based on an average daily volume of 792 shares, the days-to-cover ratio is currently 0.0 days.

Evolution Global Acquisition Trading Down 0.1%

Shares of NASDAQ EVOXU traded down $0.01 during mid-day trading on Friday, reaching $10.22. The company had a trading volume of 516 shares, compared to its average volume of 5,097. Evolution Global Acquisition has a 52 week low of $10.05 and a 52 week high of $10.30. The stock’s 50-day moving average price is $10.19.

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.