MESHU (NASDAQ:MESHU) Short Interest Down 78.6% in August

MESHU (NASDAQ:MESHU) saw a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 129 shares, a drop of 78.6% from the July 30th total of 604 shares. Based on an average daily volume of 1,005 shares, the short-interest ratio is presently 0.1 days.

MESHU Trading Up 0.2%

MESHU stock opened at $10.15 on Wednesday. The business’s 50 day simple moving average is $10.12 and its 200 day simple moving average is $10.06. MESHU has a 12 month low of $9.95 and a 12 month high of $10.50.

Institutional Investors Weigh In On MESHU

Several large investors have recently added to or reduced their stakes in the company. Lineage Point Capital LP bought a new position in shares of MESHU in the fourth quarter worth $1,100,000. Alberta Investment Management Corp purchased a new stake in shares of MESHU in the fourth quarter worth about $5,000,000. Stoic Point Capital Management LLC bought a new position in shares of MESHU in the fourth quarter valued at approximately $500,000. TENOR CAPITAL MANAGEMENT Co. L.P. purchased a new position in MESHU during the fourth quarter valued at approximately $12,500,000. Finally, Saba Capital Management L.P. purchased a new position in MESHU during the fourth quarter valued at approximately $9,496,000.