Meshflow Acquisition Corp. (NASDAQ:MESH – Get Free Report) was the recipient of a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 853 shares, a drop of 44.5% from the July 15th total of 1,538 shares. Based on an average daily volume of 161,997 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are short sold.
Meshflow Acquisition Price Performance
NASDAQ MESH remained flat at $10.04 during trading on Monday. The company’s stock had a trading volume of 318,513 shares, compared to its average volume of 92,285. Meshflow Acquisition has a 12-month low of $9.86 and a 12-month high of $10.05. The firm’s fifty day moving average price is $10.01.
Wall Street Analyst Weigh In
Separately, Weiss Ratings raised shares of Meshflow Acquisition from a “sell (e)” rating to a “sell (e+)” rating in a research note on Wednesday, July 1st. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has an average rating of “Sell”.
Meshflow Acquisition Company Profile
Meshflow Acquisition Corp is a blank check company.
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