Evolution AB (publ) (OTCMKTS:EVGGF) Short Interest Down 21.4% in February

Posted by ABMN Staff on Mar 2nd, 2026

Evolution AB (publ) (OTCMKTS:EVGGF – Get Free Report) was the target of a significant drop in short interest during the month of February. As of February 13th, there was short interest totaling 1,009,143 shares, a drop of 21.4% from the January 29th total of 1,283,352 shares. Based on an average daily volume of 5,608 shares, the days-to-cover ratio is presently 179.9 days. Based on an average daily volume of 5,608 shares, the days-to-cover ratio is presently 179.9 days.

Evolution AB (publ) Price Performance

Shares of EVGGF opened at $60.70 on Monday. The firm has a fifty day moving average price of $64.82 and a 200-day moving average price of $72.42. Evolution AB has a 12-month low of $56.15 and a 12-month high of $92.90.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on EVGGF shares. Jefferies Financial Group downgraded shares of Evolution AB (publ) to a “hold” rating in a report on Tuesday, November 25th. Barclays lowered Evolution AB (publ) to an “underweight” rating in a research report on Thursday, December 18th. Finally, Citigroup restated a “neutral” rating on shares of Evolution AB (publ) in a research report on Tuesday, February 10th. Three investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Reduce”.

Read Our Latest Analysis on EVGGF

Evolution AB (publ) Company Profile

(Get Free Report)

Evolution AB (publ) is a Sweden-based company that specializes in providing live casino solutions to the global online gaming industry. Since its founding in 2006 and subsequent listing on Nasdaq Stockholm in 2015, the company has focused on delivering real-time, interactive gaming experiences by streaming professional dealers from studio environments to operator platforms. Its offering includes classic table games such as roulette, blackjack and baccarat, as well as a growing portfolio of proprietary live game shows and RNG (random number generator) slot titles.

Evolution operates a network of purpose-built studios across Europe, North America and Latin America, serving licensed and regulated markets in more than 20 jurisdictions.