Short Interest in Evolution Global Acquisition Corp (NASDAQ:EVOXU) Expands By 6,460.0%

Evolution Global Acquisition Corp (NASDAQ:EVOXU) saw a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 328 shares, a growth of 6,460.0% from the June 30th total of 5 shares. Based on an average daily volume of 1,222 shares, the short-interest ratio is currently 0.3 days.

Evolution Global Acquisition Stock Down 0.1%

Shares of NASDAQ EVOXU traded down $0.01 during trading hours on Friday, reaching $10.22. The stock had a trading volume of 300 shares, compared to its average volume of 4,964. The business’s 50-day simple moving average is $10.20. Evolution Global Acquisition has a fifty-two week low of $10.05 and a fifty-two week high of $10.30.

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.