Mobile-health Network Solutions (NASDAQ:MNDR) Shares Shorted: Short Interest Up 422.0% in September

Mobile-health Network Solutions (NASDAQ:MNDR – Get Free Report) was the recipient of a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 40,732 shares, a growth of 422.0% from the September 15th total of 7,803 shares. Currently, 4.8% of the shares of the company are short sold. Based on an average daily trading volume, of 256,961 shares, the short-interest ratio is presently 0.2 days.

Mobile-health Network Solutions Price Performance

Shares of NASDAQ:MNDR traded up $2.19 on Monday, hitting $3.04. The company had a trading volume of 190,803,190 shares, compared to its average volume of 1,251,587. Mobile-health Network Solutions has a 1-year low of $0.76 and a 1-year high of $32.52. The stock has a 50 day moving average price of $1.50 and a 200 day moving average price of $14.47.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Mobile-health Network Solutions in a research report on Monday, September 21st. One equities research analyst has rated the stock with a Sell rating. According to MarketBeat.com, the company has a consensus rating of “Sell”.

Check Out Our Latest Report on MNDR

About Mobile-health Network Solutions

(Get Free Report)

Mobile-health Network Solutions Limited (NASDAQ: MNDR) is a Singapore-based digital healthcare company that operates the MaNaDr platform. The platform is designed to connect patients with healthcare professionals through telemedicine and other digitally enabled medical services.

MaNaDr supports services such as online medical consultations, prescription management, medication delivery and access to healthcare information. The company also provides digital tools intended to help doctors and healthcare providers manage patient interactions and deliver care through virtual channels.

Mobile-health Network Solutions focuses primarily on serving patients and healthcare providers in Singapore and other markets in Southeast Asia.

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