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

MESHU (NASDAQ:MESHU) was the target of a significant decrease in short interest in June. As of June 15th, there was short interest totaling 66 shares, a decrease of 41.6% from the May 31st total of 113 shares. Based on an average daily trading volume, of 13,791 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. State of Wisconsin Investment Board acquired a new position in shares of MESHU during the 4th quarter valued at about $100,000. Jane Street Group LLC purchased a new position in MESHU during the fourth quarter worth about $129,000. Deltec Asset Management LLC purchased a new stake in shares of MESHU in the 4th quarter valued at approximately $200,000. Quarry LP purchased 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 during the 4th quarter worth approximately $250,000.

MESHU Trading Up 0.5%

MESHU stock traded up $0.05 during mid-day trading on Friday, reaching $10.14. The company’s stock had a trading volume of 1,801 shares, compared to its average volume of 26,874. The company’s 50 day moving average price is $10.09. MESHU has a fifty-two week low of $9.95 and a fifty-two week high of $10.50.