Meshflow Acquisition Corp. (NASDAQ:MESH) Short Interest Up 318.9% in June

by · The Markets Daily

Meshflow Acquisition Corp. (NASDAQ:MESH – Get Free Report) was the target of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 5,295 shares, an increase of 318.9% from the June 15th total of 1,264 shares. Based on an average trading volume of 26,275 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are sold short.

Meshflow Acquisition Stock Down 0.1%

MESH stock traded down $0.01 during trading on Friday, hitting $10.00. The company had a trading volume of 423,290 shares, compared to its average volume of 88,236. The company has a 50-day simple moving average of $9.99. Meshflow Acquisition has a 1-year low of $9.86 and a 1-year high of $10.05.

Analysts Set New Price Targets

Separately, Weiss Ratings raised shares of Meshflow Acquisition from a “sell (e)” rating to a “sell (e+)” rating in a research report on Wednesday, July 1st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has an average rating of “Sell”.

Check Out Our Latest Stock Report on Meshflow Acquisition

About Meshflow Acquisition

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Meshflow Acquisition Corp is a blank check company.

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