Mobile-health Network Solutions (NASDAQ:MNDR) Short Interest Down 62.0% in January

Mobile-health Network Solutions (NASDAQ:MNDR) was the target of a significant decline in short interest during the month of January. As of January 15th, there was short interest totaling 20,524 shares, a decline of 62.0% from the December 31st total of 53,961 shares. Based on an average daily volume of 86,843 shares, the short-interest ratio is currently 0.2 days. Approximately 2.2% of the shares of the company are sold short. Approximately 2.2% of the shares of the company are sold short. Based on an average daily volume of 86,843 shares, the short-interest ratio is currently 0.2 days.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Mobile-health Network Solutions in a research note on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has a consensus rating of “Sell”.

Mobile-health Network Solutions Price Performance

NASDAQ:MNDR traded down $0.09 on Thursday, reaching $1.07. 779,466 shares of the company’s stock were exchanged, compared to its average volume of 596,994. The stock has a fifty day simple moving average of $1.41 and a 200-day simple moving average of $3.09. Mobile-health Network Solutions has a 52 week low of $0.83 and a 52 week high of $40.00.

Institutional Investors Weigh In On Mobile-health Network Solutions

An institutional investor recently bought a new position in Mobile-health Network Solutions stock. Yorkville Advisors Global LP bought a new position in shares of Mobile-health Network Solutions (NASDAQ:MNDR) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 28,000 shares of the company’s stock, valued at approximately $119,000. Mobile-health Network Solutions makes up 0.0% of Yorkville Advisors Global LP’s portfolio, making the stock its 26th largest position. Yorkville Advisors Global LP owned 2.98% of Mobile-health Network Solutions at the end of the most recent reporting period.

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.