Meshflow Acquisition Corp. (NASDAQ:MESH) Stock Short Interest Report for October

by · The Cerbat Gem

Meshflow Acquisition Corp. (NASDAQ:MESH – Get Free Report) was the recipient of a significant growth in short interest in the month of October. As of October 30th, there was short interest totaling 9,546 shares, a growth of 1,664.5% from the October 15th total of 541 shares. Based on an average trading volume of 149,971 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded Meshflow Acquisition from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Tuesday, October 13th. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, Meshflow Acquisition has a consensus rating of “Sell”.

View Our Latest Research Report on MESH

Meshflow Acquisition Trading Up 0.3%

Shares of MESH traded up $0.03 during midday trading on Tuesday, hitting $10.13. 139 shares of the company traded hands, compared to its average volume of 159,516. The stock has a 50-day moving average of $10.09 and a 200-day moving average of $10.00. Meshflow Acquisition has a one year low of $9.86 and a one year high of $10.14.

About Meshflow Acquisition

(Get Free Report)

Meshflow Acquisition (NASDAQ:MESH) is a special purpose acquisition company, or SPAC, formed to identify and complete a business combination with one or more operating companies. Unlike an operating business, the company does not appear to have established products, services or significant commercial operations of its own. Its principal objective is to raise capital through a public offering and use those funds, together with other financing, to acquire or merge with a target company. The specific industry, business model and geographic focus of any prospective target may change and cannot be identified until a transaction is announced.

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