MESHU (NASDAQ:MESHU – Get Free Report) saw a significant decline in short interest during the month of June. As of June 15th, there was short interest totaling 66 shares, a decline of 41.6% from the May 31st total of 113 shares. Based on an average daily trading volume, of 13,791 shares, the short-interest ratio is presently 0.0 days.
MESHU Stock Down 0.1%
Shares of MESHU stock traded down $0.01 during trading on Thursday, hitting $10.14. The stock had a trading volume of 1,800 shares, compared to its average volume of 26,874. The firm’s fifty day simple moving average is $10.08. MESHU has a fifty-two week low of $9.95 and a fifty-two week high of $10.50.
Institutional Trading of MESHU
Hedge funds and other institutional investors have recently modified their holdings of the company. Hudson Bay Capital Management LP bought a new position in shares of MESHU during the 4th quarter worth approximately $17,560,000. MMCAP International Inc. SPC acquired a new position in MESHU during the fourth quarter worth $15,000,000. Glazer Capital LLC acquired a new position in MESHU during the fourth quarter worth $13,500,000. Polar Asset Management Partners Inc. acquired a new stake in shares of MESHU in the 4th quarter valued at $13,500,000. Finally, Magnetar Financial LLC acquired a new stake in shares of MESHU in the 4th quarter valued at $12,500,000.
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