Mobile-health Network Solutions (NASDAQ:MNDR) Sees Large Increase in Short Interest

Mobile-health Network Solutions (NASDAQ:MNDR) saw a significant increase in short interest in March. As of March 31st, there was short interest totaling 91,815 shares, an increase of 65.4% from the March 15th total of 55,509 shares. Currently, 9.8% of the shares of the stock are sold short. Based on an average daily volume of 2,383,323 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Investors Weigh In On Mobile-health Network Solutions

An institutional investor recently bought a new position in Mobile-health Network Solutions stock. Yorkville Advisors Global LP bought a new position in shares of Mobile-health Network Solutions (NASDAQ:MNDR) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 28,000 shares of the company’s stock, valued at approximately $119,000. Mobile-health Network Solutions comprises approximately 0.0% of Yorkville Advisors Global LP’s portfolio, making the stock its 26th biggest position. Yorkville Advisors Global LP owned approximately 2.98% of Mobile-health Network Solutions at the end of the most recent reporting period.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the company. Weiss Ratings reissued a “sell (e+)” rating on shares of Mobile-health Network Solutions in a research note on Friday, March 27th. Wall Street Zen raised Mobile-health Network Solutions to a “hold” rating in a research note on Saturday, February 21st. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, Mobile-health Network Solutions has an average rating of “Sell”.

Mobile-health Network Solutions Price Performance

Mobile-health Network Solutions stock traded up $0.02 on Monday, reaching $0.85. The company’s stock had a trading volume of 126,592 shares, compared to its average volume of 1,490,022. The business’s fifty day moving average price is $0.92 and its 200 day moving average price is $1.66. Mobile-health Network Solutions has a twelve month low of $0.76 and a twelve month high of $8.50.

Mobile-health Network Solutions (NASDAQ:MNDR) last posted its quarterly earnings data on Thursday, March 12th. The company reported ($0.26) EPS for the quarter. The business had revenue of $1.97 million during the quarter. Equities research analysts forecast that Mobile-health Network Solutions will post -0.04 earnings per share for the current fiscal year.

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.