Mobile-health Network Solutions (NASDAQ:MNDR) Short Interest Update

Mobile-health Network Solutions (NASDAQ:MNDR) was the recipient of a significant drop in short interest during the month of February. As of February 13th, there was short interest totaling 9,995 shares, a drop of 75.1% from the January 29th total of 40,078 shares. Based on an average trading volume of 144,142 shares, the days-to-cover ratio is currently 0.1 days. Approximately 1.1% of the company’s shares are short sold. Approximately 1.1% of the company’s shares are short sold. Based on an average trading volume of 144,142 shares, the days-to-cover ratio is currently 0.1 days.

Analysts Set New Price Targets

Several research firms have recently issued reports on MNDR. Weiss Ratings restated a “sell (e+)” rating on shares of Mobile-health Network Solutions in a research report on Monday, December 29th. Wall Street Zen raised Mobile-health Network Solutions to a “hold” rating in a research note on Saturday, February 21st. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has a consensus rating of “Sell”.

Mobile-health Network Solutions Stock Performance

Mobile-health Network Solutions stock traded down $0.02 during mid-day trading on Thursday, hitting $0.91. 27,608 shares of the company’s stock were exchanged, compared to its average volume of 1,054,390. The company’s 50 day simple moving average is $1.04 and its 200-day simple moving average is $2.53. Mobile-health Network Solutions has a fifty-two week low of $0.79 and a fifty-two week high of $23.00.

Institutional Trading of Mobile-health Network Solutions

A hedge fund recently bought a new stake in Mobile-health Network Solutions stock. HRT Financial LP purchased a new stake in Mobile-health Network Solutions (NASDAQ:MNDR) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 31,452 shares of the company’s stock, valued at approximately $28,000. HRT Financial LP owned 3.35% of Mobile-health Network Solutions as of its most recent SEC filing.

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.