Meshflow Acquisition Corp. (NASDAQ:MESH) Sees Large Increase in Short Interest

Meshflow Acquisition Corp. (NASDAQ:MESH) was the target of a large increase in short interest in August. As of August 31st, there was short interest totaling 2,678 shares, an increase of 339.0% from the August 15th total of 610 shares. Based on an average daily volume of 129,100 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised Meshflow Acquisition from a “sell (e)” rating to a “sell (e+)” rating in a research note on Wednesday, July 1st. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Meshflow Acquisition has a consensus rating of “Sell”.

Meshflow Acquisition Price Performance

NASDAQ MESH remained flat at $10.08 on Friday. The company had a trading volume of 428,977 shares, compared to its average volume of 221,899. Meshflow Acquisition has a 1-year low of $9.86 and a 1-year high of $10.13. The business has a fifty day moving average price of $10.04 and a 200 day moving average price of $9.98.

Meshflow Acquisition Company Profile

Meshflow Acquisition Corp is a blank check company.