Mobile-health Network Solutions (NASDAQ:MNDR) Short Interest Up 95.3% in January

Mobile-health Network Solutions (NASDAQ:MNDR) was the target of a large increase in short interest in the month of January. As of January 30th, there was short interest totaling 40,078 shares, an increase of 95.3% from the January 15th total of 20,524 shares. Currently, 4.3% of the company’s shares are sold short. Based on an average daily volume of 1,186,850 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily volume of 1,186,850 shares, the days-to-cover ratio is presently 0.0 days. Currently, 4.3% of the company’s shares are sold short.

Mobile-health Network Solutions Price Performance

MNDR traded down $0.02 during trading hours on Friday, hitting $0.86. 103,375 shares of the company’s stock were exchanged, compared to its average volume of 666,956. Mobile-health Network Solutions has a 12-month low of $0.80 and a 12-month high of $40.00. The firm has a 50 day moving average of $1.09 and a 200 day moving average of $2.76.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Mobile-health Network Solutions in a research report on Monday, December 29th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Sell”.

Institutional Trading of Mobile-health Network Solutions

A hedge fund recently bought a new stake in Mobile-health Network Solutions stock. HRT Financial LP bought a new position in shares of Mobile-health Network Solutions (NASDAQ:MNDR) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund bought 31,452 shares of the company’s stock, valued at approximately $28,000. HRT Financial LP owned approximately 3.35% of Mobile-health Network Solutions at the end of the most recent reporting period.

Mobile-health Network Solutions Company Profile

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. The company also provides a range of primary healthcare services, including general medical consultations, treatment and management of acute and chronic conditions in adults and children, vaccinations, and health screenings for work permit applications, as well as pre-employment health screening, children's health services, geriatric care services, and minor surgical procedures.