Meshflow Acquisition Corp. (NASDAQ:MESH) Sees Significant Decline in Short Interest

Meshflow Acquisition Corp. (NASDAQ:MESHGet Free Report) was the recipient of a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 853 shares, a decline of 44.5% from the July 15th total of 1,538 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 161,997 shares, the days-to-cover ratio is currently 0.0 days.

Meshflow Acquisition Trading Up 0.0%

Shares of MESH traded up $0.01 during mid-day trading on Tuesday, reaching $10.04. The stock had a trading volume of 662 shares, compared to its average volume of 91,380. The company has a fifty day moving average of $10.01. Meshflow Acquisition has a 52-week low of $9.86 and a 52-week high of $10.05.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded 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, According to MarketBeat.com, Meshflow Acquisition currently has a consensus rating of “Sell”.

View Our Latest Stock Analysis on MESH

About Meshflow Acquisition

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Meshflow Acquisition Corp is a blank check company.

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