EUDA Health Holdings Limited (NASDAQ:EUDA) Short Interest Update

EUDA Health Holdings Limited (NASDAQ:EUDA) was the recipient of a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 2,417 shares, a decrease of 52.4% from the July 15th total of 5,079 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 5,465 shares, the days-to-cover ratio is presently 0.4 days.

EUDA Health Stock Up 2.3%

Shares of EUDA traded up $0.32 during trading hours on Friday, reaching $14.32. 836 shares of the stock traded hands, compared to its average volume of 5,688. EUDA Health has a 52 week low of $5.26 and a 52 week high of $86.00. The stock has a fifty day simple moving average of $14.93 and a 200 day simple moving average of $14.63.

Hedge Funds Weigh In On EUDA Health

A hedge fund recently bought a new position in EUDA Health stock. Jane Street Group LLC bought a new stake in EUDA Health Holdings Limited (NASDAQ:EUDA) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 25,675 shares of the company’s stock, valued at approximately $59,000. Jane Street Group LLC owned approximately 0.07% of EUDA Health as of its most recent SEC filing. Hedge funds and other institutional investors own 4.35% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently issued reports on the company. Zacks Research raised EUDA Health from a “strong sell” rating to a “hold” rating in a research report on Friday, May 8th. Weiss Ratings reissued a “sell (e+)” rating on shares of EUDA Health in a research report on Wednesday, August 5th. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $55.00.

EUDA Health Company Profile

EUDA Health, Inc (NASDAQ:EUDA) is a healthcare technology company focused on the development and commercialization of digital health solutions and energy-based medical devices for women’s intimate health. The company’s platform combines non-invasive treatment devices with software-driven patient monitoring and analytics to support pelvic floor function, address stress urinary incontinence and enhance vaginal tissue health.

EUDA Health’s core product offerings utilize low-intensity radiofrequency energy delivered through proprietary handpieces to promote tissue remodeling and muscle activation.