M Evo Global Acquisition Corp II (NASDAQ:MEVO) Stock Short Interest Report for September

M Evo Global Acquisition Corp II (NASDAQ:MEVO) was the recipient of a significant increase in short interest in September. As of September 30th, there was short interest totaling 2,298 shares, an increase of 136.2% from the September 15th total of 973 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 65,327 shares, the days-to-cover ratio is currently 0.0 days.

M Evo Global Acquisition Corp II Stock Up 0.1%

Shares of M Evo Global Acquisition Corp II stock traded up $0.01 during trading hours on Wednesday, reaching $10.04. The company’s stock had a trading volume of 130,286 shares, compared to its average volume of 72,671. The stock’s fifty day simple moving average is $10.01 and its two-hundred day simple moving average is $9.94. M Evo Global Acquisition Corp II has a one year low of $9.83 and a one year high of $11.14.

Institutional Investors Weigh In On M Evo Global Acquisition Corp II

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Governors Lane LP bought a new position in M Evo Global Acquisition Corp II in the 2nd quarter valued at about $7,440,000. Rivernorth Capital Management LLC bought a new stake in M Evo Global Acquisition Corp II during the 2nd quarter worth approximately $3,996,000. Moore Capital Management LP bought a new stake in M Evo Global Acquisition Corp II during the 2nd quarter worth approximately $1,984,000. Finally, Lineage Point Capital LP bought a new stake in M Evo Global Acquisition Corp II during the 2nd quarter worth approximately $1,934,000.

Analyst Ratings Changes

Separately, Weiss Ratings raised M Evo Global Acquisition Corp II from a “sell (e)” rating to a “sell (e+)” rating in a research report on Monday, August 3rd. One investment analyst has rated the stock with a Sell rating. According to 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.