Short Interest in Meshflow Acquisition Corp. (NASDAQ:MESH) Increases By 318.9%

Meshflow Acquisition Corp. (NASDAQ:MESH) was the target of a large increase in short interest in June. As of June 30th, there was short interest totaling 5,295 shares, an increase of 318.9% from the June 15th total of 1,264 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 26,275 shares, the days-to-cover ratio is presently 0.2 days.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded shares of Meshflow Acquisition from a “sell (e)” rating to a “sell (e+)” rating in a research report on Wednesday, July 1st. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company has an average rating of “Sell”.

Meshflow Acquisition Stock Performance

Shares of MESH stock traded down $0.01 during trading hours on Tuesday, hitting $10.02. 3,855 shares of the company’s stock traded hands, compared to its average volume of 86,206. Meshflow Acquisition has a 12 month low of $9.86 and a 12 month high of $10.05. The firm has a 50 day moving average price of $9.99.

About Meshflow Acquisition

Meshflow Acquisition Corp is a blank check company.