Mobile-health Network Solutions (NASDAQ:MNDR – Get Free Report) was the recipient of a significant decrease in short interest in September. As of September 15th, there was short interest totaling 7,803 shares, a decrease of 66.4% from the August 31st total of 23,194 shares. Approximately 0.9% of the shares of the company are sold short. Based on an average daily volume of 32,922 shares, the short-interest ratio is currently 0.2 days.
Mobile-health Network Solutions Trading Down 4.4%
NASDAQ:MNDR traded down $0.06 during trading hours on Monday, hitting $1.30. The company’s stock had a trading volume of 71,495 shares, compared to its average volume of 267,596. Mobile-health Network Solutions has a 52-week low of $1.26 and a 52-week high of $32.52. The business’s 50-day moving average is $1.70 and its two-hundred day moving average is $16.79.
Analysts Set New Price Targets
Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Mobile-health Network Solutions in a report on Monday, September 21st. One analyst has rated the stock with a Sell rating, According to MarketBeat, Mobile-health Network Solutions currently has a consensus rating of “Sell”.
About Mobile-health Network Solutions
Mobile-health Network Solutions Ltd. is a Singapore-based digital healthcare company that operates the MaNaDr telehealth platform. The platform is designed to connect patients with healthcare professionals through mobile and online services, enabling users to seek medical advice and manage aspects of their healthcare remotely.
Its services include virtual medical consultations, electronic prescriptions, medication fulfillment and delivery, and related healthcare-support tools. The company also provides technology intended to help healthcare providers manage patient interactions and deliver care through digital channels.
Founded in Singapore, Mobile-health Network Solutions has focused on expanding telehealth access in Southeast Asia, with operations and services centered on Singapore and a broader regional presence.
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