Evolution AB (publ) (OTCMKTS:EVGGF) Sees Large Drop in Short Interest

Evolution AB (publ) (OTCMKTS:EVGGFGet Free Report) saw a large drop in short interest in the month of March. As of March 15th, there was short interest totalling 2,699,600 shares, a drop of 37.7% from the February 28th total of 4,336,300 shares. Based on an average daily volume of 6,900 shares, the short-interest ratio is presently 391.2 days.

Evolution AB (publ) Stock Performance

Shares of OTCMKTS EVGGF traded down $0.26 during trading on Friday, reaching $77.00. 728 shares of the company traded hands, compared to its average volume of 7,778. Evolution AB has a 12-month low of $71.72 and a 12-month high of $124.47. The firm’s fifty day simple moving average is $77.54 and its 200 day simple moving average is $85.04.

Evolution AB (publ) Company Profile

(Get Free Report)

Evolution AB (publ) develops, produces, markets, and licenses online casino systems to gaming operators in Europe, Asia, North America, Latin America, and internationally. It offers casino games and live game shows under the Evolution brand; online slot games under the NetEnt brand name; and casino games and software comprising jackpot system, a smart spins bonus management application, and tournaments gamification under the Red Tiger brand.

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