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

Meshflow Acquisition Corp. (NASDAQ:MESH) was the target of a significant decline in short interest in July. As of July 15th, there was short interest totaling 1,538 shares, a decline of 71.0% from the June 30th total of 5,295 shares. Based on an average daily trading volume, of 60,769 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Analyst Ratings Changes

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 analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has a consensus rating of “Sell”.

Meshflow Acquisition Price Performance

MESH stock opened at $10.02 on Friday. The business has a 50 day moving average of $10.00. Meshflow Acquisition has a 12-month low of $9.86 and a 12-month high of $10.05.

Meshflow Acquisition Company Profile

Meshflow Acquisition Corp is a blank check company.