Mobile-health Network Solutions (NASDAQ:MNDR) Short Interest Down 78.4% in December

Mobile-health Network Solutions (NASDAQ:MNDR) was the recipient of a large decrease in short interest in the month of December. As of December 15th, there was short interest totaling 150,452 shares, a decrease of 78.4% from the November 30th total of 696,300 shares. Approximately 16.0% of the company’s stock are sold short. Based on an average trading volume of 1,731,297 shares, the days-to-cover ratio is presently 0.1 days. Based on an average trading volume of 1,731,297 shares, the days-to-cover ratio is presently 0.1 days. Approximately 16.0% of the company’s stock are sold short.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Mobile-health Network Solutions in a report on Monday. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Mobile-health Network Solutions presently has a consensus rating of “Sell”.

Mobile-health Network Solutions Trading Down 1.8%

Shares of NASDAQ MNDR traded down $0.02 during mid-day trading on Friday, hitting $1.11. The company had a trading volume of 83,685 shares, compared to its average volume of 924,901. Mobile-health Network Solutions has a 12 month low of $1.01 and a 12 month high of $40.00. The firm’s 50 day simple moving average is $2.08 and its two-hundred day simple moving average is $3.95.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Mobile-health Network Solutions stock. Yorkville Advisors Global LP acquired a new stake in shares of Mobile-health Network Solutions (NASDAQ:MNDR) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 28,000 shares of the company’s stock, valued at approximately $119,000. Mobile-health Network Solutions makes up about 0.0% of Yorkville Advisors Global LP’s holdings, making the stock its 26th biggest position. Yorkville Advisors Global LP owned 2.98% of Mobile-health Network Solutions at the end of the most recent quarter.

About Mobile-health Network Solutions

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.