Meshflow Acquisition Corp. (NASDAQ:MESH) Stock Short Interest Report for October

Meshflow Acquisition Corp. (NASDAQ:MESH) was the target of a large growth in short interest during the month of October. As of October 30th, there was short interest totaling 9,546 shares, a growth of 1,664.5% from the October 15th total of 541 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 149,971 shares, the days-to-cover ratio is presently 0.1 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings upgraded Meshflow Acquisition from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Tuesday, October 13th. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Meshflow Acquisition Price Performance

Shares of Meshflow Acquisition stock traded down $0.01 during midday trading on Thursday, reaching $10.12. 138 shares of the company’s stock traded hands, compared to its average volume of 122,412. The stock has a 50 day moving average of $10.09 and a 200-day moving average of $10.00. Meshflow Acquisition has a 12 month low of $9.86 and a 12 month high of $10.15.

About Meshflow Acquisition

Meshflow Acquisition Corp. is a special purpose acquisition company (SPAC), not an operating company with commercial products or services. Its primary purpose is to identify and complete a business combination with one or more businesses. A transaction could take the form of a merger, share exchange, asset acquisition, share purchase, reorganization or similar combination. Until it completes a transaction, Meshflow’s activities are focused on evaluating potential business-combination opportunities.