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

Mobile-health Network Solutions (NASDAQ:MNDR) was the target of a large growth in short interest in January. As of January 30th, there was short interest totaling 40,078 shares, a growth of 95.3% from the January 15th total of 20,524 shares. Currently, 4.3% of the company’s stock are sold short. Based on an average daily volume of 1,186,850 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily volume of 1,186,850 shares, the days-to-cover ratio is currently 0.0 days. Currently, 4.3% of the company’s stock are sold short.

Mobile-health Network Solutions Price Performance

Shares of MNDR opened at $0.88 on Friday. Mobile-health Network Solutions has a 1 year low of $0.83 and a 1 year high of $40.00. The stock has a 50 day simple moving average of $1.10 and a 200-day simple moving average of $2.79.

Hedge Funds Weigh In On Mobile-health Network Solutions

An institutional investor recently bought a new position in Mobile-health Network Solutions stock. HRT Financial LP purchased a new stake in Mobile-health Network Solutions (NASDAQ:MNDR) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 31,452 shares of the company’s stock, valued at approximately $28,000. HRT Financial LP owned approximately 3.35% of Mobile-health Network Solutions as of its most recent SEC filing.

Wall Street Analysts Forecast Growth

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

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.