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

Meshflow Acquisition Corp. (NASDAQ:MESHGet Free Report) saw a large increase in short interest in the month of 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 trading volume of 129,100 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.

Meshflow Acquisition Stock Performance

Shares of MESH stock opened at $10.08 on Friday. Meshflow Acquisition has a fifty-two week low of $9.86 and a fifty-two week high of $10.13. The business has a fifty day simple moving average of $10.04 and a 200-day simple moving average of $9.98.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings upgraded Meshflow Acquisition from a “sell (e)” rating to a “sell (e+)” rating in a report on Wednesday, July 1st. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has an average rating of “Sell”.

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Meshflow Acquisition Company Profile

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Meshflow Acquisition Corp is a blank check company.

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