MESHU (NASDAQ:MESHU) Sees Large Increase in Short Interest

MESHU (NASDAQ:MESHU) saw a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 516 shares, a growth of 3,125.0% from the April 15th total of 16 shares. Based on an average daily volume of 1,694 shares, the short-interest ratio is currently 0.3 days.

Institutional Trading of MESHU

Hedge funds have recently made changes to their positions in the company. Wolverine Asset Management LLC purchased a new stake in shares of MESHU during the fourth quarter valued at approximately $600,000. Deltec Asset Management LLC purchased a new stake in shares of MESHU during the fourth quarter valued at approximately $200,000. Radcliffe Capital Management L.P. purchased a new stake in shares of MESHU during the fourth quarter valued at approximately $7,494,000. Clear Street Group Inc. purchased a new stake in shares of MESHU during the fourth quarter valued at approximately $2,500,000. Finally, Yakira Capital Management Inc. purchased a new stake in shares of MESHU during the fourth quarter valued at approximately $750,000.

MESHU Stock Up 0.2%

Shares of MESHU traded up $0.02 during mid-day trading on Monday, reaching $10.03. 942 shares of the stock traded hands, compared to its average volume of 27,198. The firm has a fifty day moving average of $9.99. MESHU has a 12-month low of $9.95 and a 12-month high of $10.50.