Mobile-health Network Solutions (NASDAQ:MNDR) Shares Shorted: Short Interest Up 197.5% in October

Mobile-health Network Solutions (NASDAQ:MNDR) was the target of a significant growth in short interest in the month of October. As of October 30th, there was short interest totaling 79,652 shares, a growth of 197.5% from the October 15th total of 26,777 shares. Based on an average daily trading volume, of 1,291,400 shares, the short-interest ratio is presently 0.1 days. Approximately 9.4% of the company’s shares are short sold.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. Weiss Ratings reissued a “sell (e+)” rating on shares of Mobile-health Network Solutions in a research note on Monday, September 21st. Wall Street Zen raised Mobile-health Network Solutions to a “hold” rating in a research report on Saturday, October 24th. One analyst has rated the stock with a Sell rating. According to MarketBeat, Mobile-health Network Solutions has an average rating of “Sell”.

Mobile-health Network Solutions Trading Up 1.5%

NASDAQ MNDR traded up $0.01 on Friday, reaching $0.95. 105,499 shares of the stock traded hands, compared to its average volume of 854,649. Mobile-health Network Solutions has a 12 month low of $0.71 and a 12 month high of $32.52. The company has a fifty day moving average price of $1.19 and a 200-day moving average price of $3.51.

Mobile-health Network Solutions (NASDAQ:MNDR) last posted its quarterly earnings results on Friday, October 30th. The company reported ($0.99) EPS for the quarter. The firm had revenue of $1.90 million for the quarter.

Mobile-health Network Solutions Company Profile

Mobile-health Network Solutions Limited is a Singapore-based digital healthcare company that operates a telehealth platform under the MaNaDr brand. The platform is designed to connect patients with healthcare professionals through online consultations, helping users access medical advice and related healthcare services remotely. The company’s offerings include telemedicine consultations, electronic prescriptions, medication delivery and digital tools for managing health conditions. MaNaDr also supports healthcare providers with technology intended to facilitate patient engagement, clinical workflows and the delivery of virtual care.