Short Interest in MESHU (NASDAQ:MESHU) Declines By 78.6%

MESHU (NASDAQ:MESHU) saw a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 129 shares, a drop of 78.6% from the July 30th total of 604 shares. Based on an average daily trading volume, of 1,005 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. State of Wisconsin Investment Board bought a new stake in MESHU during the fourth quarter valued at about $100,000. Jane Street Group LLC purchased a new position in MESHU in the fourth quarter valued at about $129,000. Quarry LP bought a new position in MESHU in the fourth quarter worth about $250,000. Sandia Investment Management LP bought a new position in MESHU in the fourth quarter worth about $250,000. Finally, Cantor Fitzgerald L. P. purchased a new stake in shares of MESHU during the fourth quarter valued at about $291,000.

MESHU Stock Performance

NASDAQ:MESHU traded up $0.02 during trading hours on Friday, reaching $10.15. The company’s stock had a trading volume of 4,252 shares, compared to its average volume of 26,883. MESHU has a 12 month low of $9.95 and a 12 month high of $10.50. The stock has a 50 day moving average price of $10.13 and a two-hundred day moving average price of $10.06.