MESHU (NASDAQ:MESHU – Get Free Report) was the recipient of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 113 shares, an increase of 71.2% from the May 14th total of 66 shares. Based on an average daily volume of 192 shares, the days-to-cover ratio is presently 0.6 days.
Hedge Funds Weigh In On MESHU
Several institutional investors and hedge funds have recently modified their holdings of MESHU. State of Wisconsin Investment Board acquired a new position in shares of MESHU in the 4th quarter valued at about $100,000. Jane Street Group LLC acquired a new position in MESHU in the 4th quarter worth about $129,000. Deltec Asset Management LLC acquired a new position in MESHU in the 4th quarter worth about $200,000. Quarry LP acquired a new position in MESHU in the 4th quarter worth about $250,000. Finally, Sandia Investment Management LP acquired a new position in MESHU in the 4th quarter worth about $250,000.
MESHU Price Performance
Shares of MESHU stock remained flat at $10.07 during trading hours on Monday. The stock has a 50-day moving average price of $10.05. MESHU has a 1-year low of $9.95 and a 1-year high of $10.50.
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