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EVe Mobility Acquisition Corp (NYSE:EVE) Short Interest Up 6.3% in July

kopsource ·  Aug 17, 2022 17:01

EVe Mobility Acquisition Corp (NYSE:EVE – Get Rating) was the target of a significant increase in short interest during the month of July. As of July 31st, there was short interest totalling 1,700 shares, an increase of 6.3% from the July 15th total of 1,600 shares. Based on an average daily volume of 38,700 shares, the short-interest ratio is presently 0.0 days.

EVe Mobility Acquisition Stock Performance

Shares of EVE remained flat at $10.01 during midday trading on Wednesday. 37 shares of the company's stock traded hands, compared to its average volume of 23,506. The company has a fifty day simple moving average of $9.95. EVe Mobility Acquisition has a one year low of $9.70 and a one year high of $10.25.

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Hedge Funds Weigh In On EVe Mobility Acquisition

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Virtu Financial LLC purchased a new position in EVe Mobility Acquisition during the 2nd quarter valued at about $488,000. Basso Capital Management L.P. purchased a new position in EVe Mobility Acquisition during the first quarter valued at approximately $504,000. Finally, Karpus Management Inc. acquired a new position in EVe Mobility Acquisition in the 2nd quarter valued at approximately $3,713,000. Institutional investors and hedge funds own 6.31% of the company's stock.

EVe Mobility Acquisition Company Profile

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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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