EVe Mobility Acquisition Corp (NYSE:EVE – Get Rating) was the recipient of a significant increase in short interest in September. As of September 15th, there was short interest totalling 54,200 shares, an increase of 251.9% from the August 31st total of 15,400 shares. Based on an average daily volume of 68,000 shares, the days-to-cover ratio is currently 0.8 days.

Institutional Investors Weigh In On EVe Mobility Acquisition

Several institutional investors have recently modified their holdings of the stock. Virtu Financial LLC purchased a new position in shares of EVe Mobility Acquisition in the 2nd quarter valued at $488,000. Basso Capital Management L.P. purchased a new stake in EVe Mobility Acquisition during the 1st quarter valued at about $504,000. Finally, Karpus Management Inc. purchased a new stake in EVe Mobility Acquisition during the 2nd quarter valued at about $3,713,000. 69.01% of the stock is owned by institutional investors.

EVe Mobility Acquisition Stock Up 0.2 %

Shares of NYSE EVE traded up $0.02 during trading on Thursday, hitting $10.09. The company had a trading volume of 469 shares, compared to its average volume of 58,501. EVe Mobility Acquisition has a 12 month low of $9.70 and a 12 month high of $10.25. The stock has a 50 day simple moving average of $10.01 and a 200 day simple moving average of $9.95.

EVe Mobility Acquisition Company Profile

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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