In the latest trading session, 1.49 million Mesa Air Group Inc (NASDAQ:MESA) shares changed hands as the company’s beta touched 2.52. With the company’s most recent per share price at $1.08 changed hands at -$0.02 or -1.82% at last look, the market valuation stands at $44.61M. MESA’s current price is a discount, trading about -75.0% off its 52-week high of $1.89. The share price had its 52-week low at $0.68, which suggests the last value was 37.04% up since then. When we look at Mesa Air Group Inc’s average trading volume, we note the 10-day average is 5.69 million shares, with the 3-month average coming to 1.09 million.
Mesa Air Group Inc (NASDAQ:MESA) trade information
Instantly MESA was in red as seen in intraday trades today. With action 36.04%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -6.90%, with the 5-day performance at 36.04% in the green. However, in the 30-day time frame, Mesa Air Group Inc (NASDAQ:MESA) is 14.89% up. Looking at the short shares, we see there were 0.17 million shares sold at short interest cover period of 0.98 days.
Mesa Air Group Inc (NASDAQ:MESA)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 21.57% of Mesa Air Group Inc shares while 10.63% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 13.55%. There are 10.63% institutions holding the Mesa Air Group Inc stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 4.2911% of the shares, roughly 1.76 million MESA shares worth $3.01 million.
PINNACLE HOLDINGS, LLC holds the second largest percentage of outstanding shares, with 1.4756% or 0.61 million shares worth $1.04 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund. With 1.18 shares estimated at $1.22 million under it, the former controlled 2.85% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund held about 1.15% of the shares, roughly 474.21 shares worth around $0.49 million.
