Evergreen Co. (NASDAQ:EVGR - Get Free Report) was the target of a large increase in short interest in October. As of October 31st, there was short interest totalling 2,200 shares, an increase of 46.7% from the October 15th total of 1,500 shares. Approximately 0.0% of the company's stock are short sold. Based on an average daily volume of 11,500 shares, the short-interest ratio is currently 0.2 days.
Evergreen Price Performance
Shares of EVGR stock remained flat at $11.75 during mid-day trading on Friday. 27 shares of the stock were exchanged, compared to its average volume of 1,602. The company has a fifty day moving average price of $11.72 and a 200 day moving average price of $11.58. The company has a market capitalization of $94.82 million and a P/E ratio of 41.96. Evergreen has a twelve month low of $11.05 and a twelve month high of $11.79.
Evergreen (NASDAQ:EVGR - Get Free Report) last announced its quarterly earnings data on Thursday, October 10th. The company reported $0.07 earnings per share (EPS) for the quarter.
Institutional Trading of Evergreen
A number of institutional investors and hedge funds have recently modified their holdings of the business. Virtu Financial LLC bought a new position in Evergreen in the first quarter worth about $222,000. Spartan Fund Management Inc. acquired a new position in Evergreen during the 3rd quarter valued at approximately $603,000. K2 Principal Fund L.P. bought a new position in Evergreen during the 2nd quarter worth $1,675,000. Quarry LP acquired a new stake in Evergreen in the third quarter worth $1,734,000. Finally, Cowen AND Company LLC acquired a new position in shares of Evergreen during the second quarter valued at $2,706,000. 69.26% of the stock is owned by institutional investors and hedge funds.
Evergreen Company Profile
(
Get Free Report)
Evergreen Corporation is a blank check company. It intends to enter into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in Kuala Lumpur, Malaysia.
See Also
Before you consider Evergreen, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Evergreen wasn't on the list.
While Evergreen currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
