EVe Mobility Acquisition Corp (NYSE:EVE – Get Rating) shares rose 0.4% on Wednesday . The company traded as high as $10.27 and last traded at $10.27. Approximately 754 shares were traded during trading, a decline of 99% from the average daily volume of 56,429 shares. The stock had previously closed at $10.23.

EVe Mobility Acquisition Price Performance

The firm's 50-day simple moving average is $10.17 and its 200-day simple moving average is $10.06.

Institutional Trading of EVe Mobility Acquisition

Institutional investors and hedge funds have recently modified their holdings of the stock. Virtu Financial LLC purchased a new stake in EVe Mobility Acquisition in the second quarter worth about $488,000. Basso Capital Management L.P. bought a new position in shares of EVe Mobility Acquisition in the 1st quarter worth $504,000. Westchester Capital Management LLC purchased a new stake in shares of EVe Mobility Acquisition during the 3rd quarter worth $2,335,000. Karpus Management Inc. bought a new stake in EVe Mobility Acquisition during the second quarter valued at about $3,713,000. Finally, Aristeia Capital LLC purchased a new position in EVe Mobility Acquisition in the third quarter valued at about $4,667,000. Institutional investors own 55.90% of the company's stock.

About EVe Mobility Acquisition

EVe Mobility Acquisition Corp. focuses on effectuating a merger, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination with one or more businesses. It intends to focus on the automotive and mobility industry. The company was incorporated in 2021 and is based in Wilmington, Delaware.

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