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

Mobile-health Network Solutions (NASDAQ:MNDR) saw a significant decrease in short interest in July. As of July 15th, there was short interest totaling 23,885 shares, a decrease of 61.7% from the June 30th total of 62,348 shares. Based on an average daily trading volume, of 54,881 shares, the short-interest ratio is currently 0.4 days. Approximately 2.8% of the company’s shares are sold short.

Mobile-health Network Solutions Price Performance

MNDR stock traded down $0.15 during midday trading on Tuesday, hitting $1.67. The stock had a trading volume of 127,011 shares, compared to its average volume of 273,525. The business has a 50-day moving average of $14.46 and a two-hundred day moving average of $27.65. Mobile-health Network Solutions has a 52-week low of $1.60 and a 52-week high of $45.00.

Institutional Trading of Mobile-health Network Solutions

An institutional investor recently bought a new stake in Mobile-health Network Solutions stock. HRT Financial LP bought a new position in Mobile-health Network Solutions (NASDAQ:MNDR) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor bought 31,452 shares of the company’s stock, valued at approximately $28,000. HRT Financial LP owned 3.35% of Mobile-health Network Solutions at the end of the most recent reporting period.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Mobile-health Network Solutions in a report on Wednesday, June 24th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, Mobile-health Network Solutions has a consensus rating of “Sell”.

Mobile-health Network Solutions Company Profile

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.