Mobile-health Network Solutions (NASDAQ:MNDR) Sees Significant Growth in Short Interest

Mobile-health Network Solutions (NASDAQ:MNDR) was the target of a significant increase in short interest in March. As of March 31st, there was short interest totalling 74,600 shares, an increase of 21.9% from the March 15th total of 61,200 shares. Based on an average trading volume of 1,100,000 shares, the days-to-cover ratio is currently 0.1 days. Approximately 2.6% of the company’s stock are sold short.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Mobile-health Network Solutions stock. Citadel Advisors LLC bought a new position in Mobile-health Network Solutions (NASDAQ:MNDR) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 209,972 shares of the company’s stock, valued at approximately $67,000. Citadel Advisors LLC owned about 0.92% of Mobile-health Network Solutions as of its most recent SEC filing.

Mobile-health Network Solutions Stock Performance

Shares of MNDR stock remained flat at $1.47 during trading hours on Monday. The stock had a trading volume of 15,965 shares, compared to its average volume of 391,977. The firm has a 50-day moving average price of $2.43 and a two-hundred day moving average price of $2.70. Mobile-health Network Solutions has a 1-year low of $1.42 and a 1-year high of $219.68.

About Mobile-health Network Solutions

Mobile-health Network Solutions, an investment holding company, provides telehealth solutions in Singapore. The company operates in two segments, Telemedicine and Other Services, and Sale of Medicine and Medical Devices. It offers MaNaDr platform, a 360-degree healthcare ecosystem, which connects users and service providers through the range of healthcare services and product offerings that can be accessed through the mobile application and website.