Meshflow Acquisition Corp. (NASDAQ:MESH) Short Interest Up 339.0% in August

Meshflow Acquisition Corp. (NASDAQ:MESH – Get Free Report) was the target of a large increase in short interest in August. As of August 31st, there was short interest totaling 2,678 shares, an increase of 339.0% from the August 15th total of 610 shares. Based on an average daily volume of 129,100 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Analysts Set New Price Targets

Separately, Weiss Ratings raised Meshflow Acquisition from a “sell (e)” rating to a “sell (e+)” rating in a research note on Wednesday, July 1st. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, Meshflow Acquisition currently has a consensus rating of “Sell”.

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Meshflow Acquisition Stock Performance

Shares of NASDAQ:MESH opened at $10.08 on Friday. Meshflow Acquisition has a 52-week low of $9.86 and a 52-week high of $10.13. The stock’s fifty day simple moving average is $10.04 and its 200-day simple moving average is $9.98.

Meshflow Acquisition Company Profile

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Meshflow Acquisition Corp is a blank check company.

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