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

Mobile-health Network Solutions (NASDAQ:MNDR) was the target of a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 706,400 shares, an increase of 40.1% from the January 31st total of 504,100 shares. Based on an average daily trading volume, of 8,680,000 shares, the short-interest ratio is currently 0.1 days. Currently, 6.8% of the company’s shares are short sold.

Institutional Trading of Mobile-health Network Solutions

A hedge fund recently bought a new stake in Mobile-health Network Solutions stock. Citadel Advisors LLC bought a new position in shares of Mobile-health Network Solutions (NASDAQ:MNDR) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor bought 209,972 shares of the company’s stock, valued at approximately $67,000. Citadel Advisors LLC owned 0.92% of Mobile-health Network Solutions as of its most recent SEC filing.

Mobile-health Network Solutions Price Performance

Shares of MNDR stock traded up $0.02 on Wednesday, hitting $0.43. The stock had a trading volume of 428,328 shares, compared to its average volume of 3,657,361. The company’s 50 day moving average price is $0.35 and its 200-day moving average price is $0.46. Mobile-health Network Solutions has a 1 year low of $0.23 and a 1 year high of $29.50.

Mobile-health Network Solutions Company Profile

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.