OneMedNet Co. (NASDAQ:ONMDW) Sees Large Increase in Short Interest

OneMedNet Co. (NASDAQ:ONMDW) saw a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 34,100 shares, an increase of 38.6% from the September 30th total of 24,600 shares. Based on an average daily volume of 86,800 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily volume of 86,800 shares, the days-to-cover ratio is currently 0.4 days.

OneMedNet Price Performance

NASDAQ ONMDW traded down $0.04 during trading hours on Monday, hitting $0.11. 31,336 shares of the company were exchanged, compared to its average volume of 44,434. The company has a 50 day moving average of $0.09 and a two-hundred day moving average of $0.05. OneMedNet has a 52-week low of $0.01 and a 52-week high of $0.24.

About OneMedNet

OneMedNet Corporation provides clinical imaging solutions. It offers iRWD, a solution that utilizes AI to securely de-identify, search, and curate imaging data for its partner network consisting of medical and academic research institutions to generate progression in stages of medical research, discovery and diagnostics that span the field of life sciences.