OneMedNet Co. (NASDAQ:ONMD) Short Interest Update

OneMedNet Co. (NASDAQ:ONMD) saw a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 277,900 shares, a growth of 55.2% from the October 31st total of 179,100 shares. Approximately 2.5% of the company’s shares are short sold. Based on an average daily volume of 224,000 shares, the short-interest ratio is presently 1.2 days.

OneMedNet Stock Up 3.9 %

NASDAQ:ONMD traded up $0.04 on Friday, reaching $0.94. 26,876 shares of the company’s stock were exchanged, compared to its average volume of 2,785,860. The business has a fifty day moving average of $0.76 and a 200-day moving average of $0.99. OneMedNet has a 52-week low of $0.42 and a 52-week high of $4.43.

Hedge Funds Weigh In On OneMedNet

An institutional investor recently raised its position in OneMedNet stock. XTX Topco Ltd raised its holdings in OneMedNet Co. (NASDAQ:ONMD) by 280.3% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 41,683 shares of the company’s stock after acquiring an additional 30,723 shares during the quarter. XTX Topco Ltd owned 0.15% of OneMedNet worth $25,000 as of its most recent filing with the SEC. Institutional investors own 0.95% of the company’s stock.

About OneMedNet

OneMedNet Corporation provides clinical imaging solutions. It offers iRWD, a solution that utilizes AI to securely de-identify, search, and curate imaging data for its partner network consisting of medical and academic research institutions to generate progression in stages of medical research, discovery and diagnostics that span the field of life sciences.