MMCAP International Inc. SPC Takes $15 Million Position in MESHU $MESHU

MMCAP International Inc. SPC bought a new stake in shares of MESHU (NASDAQ:MESHUFree Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 1,500,000 shares of the company’s stock, valued at approximately $15,000,000. MESHU makes up about 1.5% of MMCAP International Inc. SPC’s holdings, making the stock its 12th largest position.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in MESHU. Deltec Asset Management LLC purchased a new position in shares of MESHU during the 4th quarter valued at approximately $200,000. Wolverine Asset Management LLC purchased a new position in shares of MESHU during the 4th quarter valued at approximately $600,000. ABC Arbitrage SA purchased a new position in shares of MESHU during the 4th quarter valued at approximately $400,000. Finally, Wealthspring Capital LLC purchased a new position in shares of MESHU during the 4th quarter valued at approximately $5,000,000.

MESHU Stock Performance

Shares of NASDAQ:MESHU opened at $10.04 on Wednesday. MESHU has a 1 year low of $9.95 and a 1 year high of $10.50. The company’s 50 day simple moving average is $10.03.

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Institutional Ownership by Quarter for MESHU (NASDAQ:MESHU)

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