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

Mobile-health Network Solutions (NASDAQ:MNDR) saw a large increase in short interest in the month of February. As of February 27th, there was short interest totaling 125,128 shares, an increase of 1,151.9% from the February 12th total of 9,995 shares. Currently, 13.3% of the company’s shares are sold short. Based on an average daily volume of 2,766,413 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily volume of 2,766,413 shares, the days-to-cover ratio is presently 0.0 days. Currently, 13.3% of the company’s shares are sold short.

Hedge Funds Weigh In On Mobile-health Network Solutions

A hedge fund recently bought a new stake in Mobile-health Network Solutions stock. HRT Financial LP purchased a new position in Mobile-health Network Solutions (NASDAQ:MNDR) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 31,452 shares of the company’s stock, valued at approximately $28,000. HRT Financial LP owned about 3.35% of Mobile-health Network Solutions at the end of the most recent reporting period.

Mobile-health Network Solutions Trading Up 1.0%

Shares of MNDR traded up $0.01 on Tuesday, reaching $0.90. The stock had a trading volume of 113,871 shares, compared to its average volume of 1,355,507. Mobile-health Network Solutions has a 12-month low of $0.79 and a 12-month high of $12.10. The company has a 50-day simple moving average of $1.01 and a 200-day simple moving average of $2.24.

Wall Street Analysts Forecast Growth

MNDR has been the topic of a number of recent research reports. Wall Street Zen raised Mobile-health Network Solutions to a “hold” rating in a research note on Saturday, February 21st. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Mobile-health Network Solutions in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Mobile-health Network Solutions presently has an average 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.