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

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

Evolution Global Acquisition Stock Down 0.1%

Shares of Evolution Global Acquisition stock traded down $0.01 during midday trading on Friday, hitting $10.22. The company’s stock had a trading volume of 516 shares, compared to its average volume of 5,097. Evolution Global Acquisition has a 1-year low of $10.05 and a 1-year high of $10.30. The company’s 50-day simple moving average 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.