Kindly MD, Inc. (NASDAQ:KDLY) Short Interest Down 19.1% in December

Kindly MD, Inc. (NASDAQ:KDLY) saw a significant drop in short interest in the month of December. As of December 15th, there was short interest totalling 166,000 shares, a drop of 19.1% from the November 30th total of 205,200 shares. Approximately 8.6% of the shares of the stock are short sold. Based on an average daily trading volume, of 533,600 shares, the short-interest ratio is currently 0.3 days.

Kindly MD Stock Up 3.6 %

Shares of NASDAQ KDLY traded up $0.04 during midday trading on Friday, hitting $1.15. 70,600 shares of the company’s stock were exchanged, compared to its average volume of 287,806. The business’s fifty day moving average price is $1.13 and its two-hundred day moving average price is $1.58. Kindly MD has a 12-month low of $0.65 and a 12-month high of $4.20.

Hedge Funds Weigh In On Kindly MD

A number of institutional investors have recently made changes to their positions in KDLY. Townsquare Capital LLC purchased a new position in Kindly MD in the third quarter worth $736,000. Torno Capital LLC bought a new stake in Kindly MD during the second quarter worth about $57,000. Finally, Warberg Asset Management LLC purchased a new position in shares of Kindly MD in the 2nd quarter worth about $30,000.

About Kindly MD

KindlyMD Inc is a patient-first healthcare and healthcare data company uniquely integrating traditional primary care and pain management strategies with integrated behavioral and alternative therapies, including the recommendation of medical cannabis in patient treatment plans in compliance with a legalized state medical cannabis regulatory scheme.