Short Interest in Mobile-health Network Solutions (NASDAQ:MNDR) Decreases By 61.7%

Mobile-health Network Solutions (NASDAQ:MNDR) was the recipient of a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 23,885 shares, a decline of 61.7% from the June 30th total of 62,348 shares. Currently, 2.8% of the shares of the company are short sold. Based on an average daily volume of 54,881 shares, the short-interest ratio is presently 0.4 days.

Mobile-health Network Solutions Price Performance

MNDR stock opened at $1.65 on Wednesday. The company’s 50-day moving average price is $13.81 and its two-hundred day moving average price is $27.40. Mobile-health Network Solutions has a 12 month low of $1.51 and a 12 month high of $45.00.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Mobile-health Network Solutions in a report on Wednesday, June 24th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has a consensus rating of “Sell”.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Mobile-health Network Solutions stock. HRT Financial LP acquired a new stake in shares of Mobile-health Network Solutions (NASDAQ:MNDR) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 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.

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. 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.