Meshflow Acquisition Corp. (NASDAQ:MESH – Get Free Report) saw a significant increase in short interest in June. As of June 30th, there was short interest totaling 5,295 shares, an increase of 318.9% from the June 15th total of 1,264 shares. Based on an average daily trading volume, of 26,275 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the stock are short sold.
Meshflow Acquisition Stock Performance
MESH traded up $0.02 during trading on Monday, reaching $10.02. 18,455 shares of the stock were exchanged, compared to its average volume of 87,305. Meshflow Acquisition has a 1 year low of $9.86 and a 1 year high of $10.05. The stock’s 50 day moving average price is $9.99.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings upgraded shares of Meshflow Acquisition from a “sell (e)” rating to a “sell (e+)” rating in a research report on Wednesday, July 1st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Sell”.
Meshflow Acquisition Company Profile
Meshflow Acquisition Corp is a blank check company.
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