MESHU (NASDAQ:MESHU) Sees Large Increase in Short Interest

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

MESHU Price Performance

Shares of MESHU stock traded up $0.02 during mid-day trading on Monday, hitting $10.03. 942 shares of the stock were exchanged, compared to its average volume of 27,198. MESHU has a twelve month low of $9.95 and a twelve month high of $10.50. The stock has a 50-day moving average of $9.99.

Institutional Investors Weigh In On MESHU

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