MESHU (NASDAQ:MESHU) Sees Significant Growth in Short Interest

MESHU (NASDAQ:MESHUGet Free Report) saw a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 516 shares, an increase of 3,125.0% from the April 15th total of 16 shares. Based on an average daily trading volume, of 1,694 shares, the short-interest ratio is currently 0.3 days.

MESHU Stock Performance

NASDAQ MESHU opened at $10.03 on Tuesday. MESHU has a 1 year low of $9.95 and a 1 year high of $10.50. The business has a 50 day moving average price of $9.99.

Institutional Trading of MESHU

Several institutional investors and hedge funds have recently bought and sold shares of the company. Hudson Bay Capital Management LP purchased a new stake in MESHU in the 4th quarter worth approximately $17,560,000. MMCAP International Inc. SPC purchased a new stake in MESHU in the 4th quarter worth approximately $15,000,000. Glazer Capital LLC purchased a new stake in MESHU in the 4th quarter worth approximately $13,500,000. Polar Asset Management Partners Inc. purchased a new stake in MESHU in the 4th quarter worth approximately $13,500,000. Finally, Magnetar Financial LLC purchased a new stake in MESHU in the 4th quarter worth approximately $12,500,000.

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