MESHU (NASDAQ:MESHU – Get Free Report) saw a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 604 shares, a decrease of 43.1% from the July 15th total of 1,062 shares. Based on an average trading volume of 25,565 shares, the short-interest ratio is presently 0.0 days.
Hedge Funds Weigh In On MESHU
Institutional investors and hedge funds have recently bought and sold shares of the stock. Hudson Bay Capital Management LP bought a new position in MESHU during the fourth quarter valued at about $17,560,000. MMCAP International Inc. SPC acquired a new position in shares of MESHU in the fourth quarter valued at $15,000,000. Glazer Capital LLC bought a new position in MESHU in the fourth quarter worth $13,500,000. Polar Asset Management Partners Inc. acquired a new stake in MESHU during the fourth quarter worth $13,500,000. Finally, Magnetar Financial LLC acquired a new stake in MESHU during the fourth quarter worth $12,500,000.
MESHU Trading Down 0.1%
Shares of MESHU stock traded down $0.01 during trading on Tuesday, reaching $10.10. The company’s stock had a trading volume of 101 shares, compared to its average volume of 27,739. MESHU has a one year low of $9.95 and a one year high of $10.50. The business’s fifty day moving average price is $10.12 and its 200-day moving average price is $10.06.
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