MESHU (NASDAQ:MESHU – Get Free Report) saw a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 1,164 shares, an increase of 1,663.6% from the June 15th total of 66 shares. Based on an average daily trading volume, of 385 shares, the short-interest ratio is currently 3.0 days.
MESHU Price Performance
Shares of NASDAQ MESHU traded up $0.09 during mid-day trading on Friday, hitting $10.18. The company had a trading volume of 377 shares, compared to its average volume of 26,539. The company has a 50-day moving average price of $10.10. MESHU has a one year low of $9.95 and a one year high of $10.50.
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of MESHU. State of Wisconsin Investment Board bought a new position in MESHU in the fourth quarter valued at approximately $100,000. Jane Street Group LLC bought a new stake in shares of MESHU during the 4th quarter worth approximately $129,000. Deltec Asset Management LLC acquired a new stake in shares of MESHU in the 4th quarter valued at approximately $200,000. Quarry LP acquired a new stake in shares of MESHU in the 4th quarter valued at approximately $250,000. Finally, Sandia Investment Management LP acquired a new stake in shares of MESHU in the 4th quarter valued at approximately $250,000.
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