Mobile-health Network Solutions (NASDAQ:MNDR) Sees Significant Decline in Short Interest

Mobile-health Network Solutions (NASDAQ:MNDRGet Free Report) was the recipient of a significant decline in short interest in August. As of August 14th, there was short interest totaling 45,484 shares, a decline of 39.3% from the July 30th total of 74,987 shares. Based on an average daily volume of 290,520 shares, the short-interest ratio is presently 0.2 days. Approximately 5.4% of the company’s stock are sold short.

Institutional Trading of Mobile-health Network Solutions

A hedge fund recently bought a new stake in Mobile-health Network Solutions stock. HRT Financial LP purchased a new stake in Mobile-health Network Solutions (NASDAQ:MNDRFree Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 31,452 shares of the company’s stock, valued at approximately $28,000. HRT Financial LP owned 3.35% of Mobile-health Network Solutions as of its most recent SEC filing.

Mobile-health Network Solutions Price Performance

Shares of NASDAQ MNDR traded up $0.01 during midday trading on Monday, reaching $1.55. The company’s stock had a trading volume of 9,774 shares, compared to its average volume of 278,511. The firm has a 50 day moving average price of $2.43 and a 200-day moving average price of $21.25. Mobile-health Network Solutions has a 12-month low of $1.40 and a 12-month high of $32.52.

Analyst Upgrades and Downgrades

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

Check Out Our Latest Research Report on MNDR

Mobile-health Network Solutions Company Profile

(Get Free Report)

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.

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