Modular Medical, Inc. (NASDAQ:MODD) Short Interest Update

Posted by Francis Steltz on Jul 17th, 2026

Modular Medical, Inc. (NASDAQ:MODD – Get Free Report) was the recipient of a significant growth in short interest in June. As of June 30th, there was short interest totaling 162,277 shares, a growth of 75.7% from the June 15th total of 92,368 shares. Approximately 3.2% of the company’s stock are sold short. Based on an average daily volume of 218,898 shares, the days-to-cover ratio is presently 0.7 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Modular Medical in a report on Wednesday, June 24th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has a consensus rating of “Sell”.

Check Out Our Latest Stock Report on MODD

Institutional Investors Weigh In On Modular Medical

Hedge funds have recently made changes to their positions in the business. Bleichroeder LP increased its position in Modular Medical by 41.9% in the 4th quarter. Bleichroeder LP now owns 2,859,581 shares of the company’s stock valued at $1,041,000 after acquiring an additional 845,000 shares during the period. 683 Capital Management LLC raised its stake in Modular Medical by 79.4% during the 4th quarter. 683 Capital Management LLC now owns 1,762,103 shares of the company’s stock valued at $642,000 after acquiring an additional 780,000 shares during the last quarter. Jane Street Group LLC lifted its position in Modular Medical by 446.8% during the 4th quarter. Jane Street Group LLC now owns 163,952 shares of the company’s stock worth $60,000 after acquiring an additional 133,969 shares during the period. Finally, Perritt Capital Management Inc lifted its position in Modular Medical by 34.2% during the 3rd quarter. Perritt Capital Management Inc now owns 85,000 shares of the company’s stock worth $59,000 after acquiring an additional 21,675 shares during the period. Institutional investors and hedge funds own 27.47% of the company’s stock.

Modular Medical Price Performance

Shares of Modular Medical stock opened at $3.24 on Friday. The firm’s fifty day simple moving average is $4.39 and its 200-day simple moving average is $7.50. Modular Medical has a 12 month low of $3.05 and a 12 month high of $30.00. The stock has a market capitalization of $17.53 million, a price-to-earnings ratio of -0.22 and a beta of 0.32.

Modular Medical Company Profile

(Get Free Report)

Modular Medical, Inc operates as a medical device company. It focuses on the design, development, and commercialization of insulin pumps. It offers MODD1, a two-part patch pump for type-1 and type-2 diabetes. The company is headquartered in San Diego, California.