Meshflow Acquisition Corp. (NASDAQ:MESH) Sees Significant Decrease in Short Interest

Meshflow Acquisition Corp. (NASDAQ:MESH) saw a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 1,538 shares, a decrease of 71.0% from the June 30th total of 5,295 shares. Based on an average trading volume of 60,769 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Wall Street Analyst Weigh In

Separately, Weiss Ratings upgraded shares of Meshflow Acquisition from a “sell (e)” rating to a “sell (e+)” rating in a report on Wednesday, July 1st. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Sell”.

Meshflow Acquisition Stock Performance

Shares of MESH opened at $10.02 on Friday. The business has a 50-day moving average of $10.00. Meshflow Acquisition has a 1-year low of $9.86 and a 1-year high of $10.05.

Meshflow Acquisition Company Profile

Meshflow Acquisition Corp is a blank check company.