MDB Capital Holdings, LLC (NASDAQ:MDBH) Stock Short Interest Drops 82.7%

MDB Capital Holdings, LLC (NASDAQ:MDBH – Get Free Report) saw a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 67 shares, a decrease of 82.7% from the September 30th total of 387 shares. Based on an average trading volume of 6,216 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

MDB Capital Price Performance

Shares of MDBH stock traded up $0.06 on Thursday, hitting $1.81. 1,773 shares of the company’s stock were exchanged, compared to its average volume of 4,920. MDB Capital has a 12 month low of $1.55 and a 12 month high of $4.28. The stock has a market cap of $18.64 million, a P/E ratio of -0.83 and a beta of 1.23. The company has a 50 day moving average of $2.44 and a 200 day moving average of $3.06.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings cut shares of MDB Capital from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Monday, September 21st. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat, the stock presently has an average rating of “Sell”.

Read Our Latest Report on MDBH

MDB Capital Company Profile

(Get Free Report)

MDB Capital Holdings, LLC (NASDAQ: MDBH) is a financial services company focused on businesses whose intellectual property is a significant component of their value. Through its investment banking and advisory operations, the company works with intellectual-property-rich companies on strategic planning, capital formation, investor communications and other corporate finance needs.

MDB Capital’s services are designed to help clients identify, develop and communicate the commercial potential of patents and other intellectual property.

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