Mobile-health Network Solutions (NASDAQ:MNDR) Stock Short Interest Falls 34.3%

Mobile-health Network Solutions (NASDAQ:MNDR) was the recipient of a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 26,777 shares, a decrease of 34.3% from the September 30th total of 40,732 shares. Based on an average daily volume of 17,968,206 shares, the short-interest ratio is currently 0.0 days. Approximately 3.2% of the shares of the company are short sold.

Mobile-health Network Solutions Price Performance

NASDAQ MNDR traded down $0.02 on Tuesday, reaching $0.94. The company’s stock had a trading volume of 53,317 shares, compared to its average volume of 1,262,906. Mobile-health Network Solutions has a twelve month low of $0.71 and a twelve month high of $32.52. The firm’s 50 day moving average is $1.31 and its two-hundred day moving average is $3.80.

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

Wall Street Analysts Forecast Growth

MNDR has been the topic of a number of recent analyst reports. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Mobile-health Network Solutions in a report on Monday, September 21st. Wall Street Zen upgraded Mobile-health Network Solutions to a “hold” rating in a research report on Saturday, October 24th. One research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the company has a consensus rating of “Sell”.

About Mobile-health Network Solutions

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.

Mobile-health Network Solutions serves patients and healthcare providers primarily in Singapore and other markets in the Asia-Pacific region.