Short Interest in MESHU (NASDAQ:MESHU) Drops By 43.1%

MESHU (NASDAQ:MESHU) was the recipient of a significant decline in short interest in the month of July. As of July 31st, there was short interest totaling 604 shares, a decline of 43.1% from the July 15th total of 1,062 shares. Based on an average daily trading volume, of 25,565 shares, the days-to-cover ratio is presently 0.0 days.

MESHU Price Performance

MESHU stock opened at $10.13 on Wednesday. The company’s 50-day moving average is $10.12 and its 200-day moving average is $10.06. MESHU has a 1 year low of $9.95 and a 1 year high of $10.50.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the stock. State of Wisconsin Investment Board bought a new stake in MESHU in the fourth quarter worth about $100,000. Jane Street Group LLC bought a new position in shares of MESHU during the 4th quarter valued at approximately $129,000. Deltec Asset Management LLC purchased a new stake in shares of MESHU during the 4th quarter worth approximately $200,000. Quarry LP purchased a new stake in shares of MESHU during the 4th quarter worth approximately $250,000. Finally, Sandia Investment Management LP bought a new stake in shares of MESHU in the 4th quarter worth approximately $250,000.