MESHU (NASDAQ:MESHU) Sees Large Decrease in Short Interest

MESHU (NASDAQ:MESHUGet Free Report) was the recipient of a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 66 shares, a drop of 41.6% from the May 31st total of 113 shares. Based on an average daily volume of 13,791 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Investors Weigh In On MESHU

Hedge funds have recently modified their holdings of the company. State of Wisconsin Investment Board purchased a new position in MESHU during the fourth quarter worth about $100,000. Jane Street Group LLC acquired a new position in MESHU in the 4th quarter valued at about $129,000. Deltec Asset Management LLC purchased a new stake in shares of MESHU in the 4th quarter valued at approximately $200,000. Quarry LP purchased a new stake in shares of MESHU in the 4th quarter valued at approximately $250,000. Finally, Sandia Investment Management LP acquired a new stake in shares of MESHU during the 4th quarter worth approximately $250,000.

MESHU Stock Performance

MESHU stock traded up $0.01 during trading on Wednesday, reaching $10.16. MESHU has a 12 month low of $9.95 and a 12 month high of $10.50. The firm’s 50 day moving average price is $10.08.

Read More

Receive News & Ratings for MESHU Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MESHU and related companies with MarketBeat.com's FREE daily email newsletter.