MDB Capital Holdings, LLC (NASDAQ:MDBH) Sees Significant Growth in Short Interest

MDB Capital Holdings, LLC (NASDAQ:MDBH) saw a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 1,194 shares, an increase of 80.6% from the November 30th total of 661 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 15,868 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 15,868 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are short sold.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of MDB Capital in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, MDB Capital presently has an average rating of “Sell”.

Institutional Trading of MDB Capital

An institutional investor recently bought a new position in MDB Capital stock. Citadel Advisors LLC acquired a new position in shares of MDB Capital Holdings, LLC (NASDAQ:MDBH) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 12,569 shares of the company’s stock, valued at approximately $43,000. Citadel Advisors LLC owned about 0.13% of MDB Capital at the end of the most recent quarter. 0.35% of the stock is owned by institutional investors.

MDB Capital Stock Performance

Shares of NASDAQ:MDBH opened at $3.50 on Friday. The business’s 50 day simple moving average is $3.57 and its two-hundred day simple moving average is $3.80. The firm has a market cap of $35.49 million, a P/E ratio of 3.76 and a beta of 1.08. MDB Capital has a 52-week low of $3.16 and a 52-week high of $7.98.

MDB Capital (NASDAQ:MDBH) last released its quarterly earnings data on Thursday, November 13th. The company reported ($0.46) EPS for the quarter. The firm had revenue of $1.42 million during the quarter.

About MDB Capital

MDB Capital Holdings, LLC, through its subsidiaries, primarily operates as a broker-dealer. The company operates through two segments, Broker Dealer & Intellectual Property Service, and Technology Development. The Broker Dealer & Intellectual Property Service segment operates as a full-service broker dealer that focuses on conducting private and public securities offerings, as well as providing research services for investment banking due diligence. The Technology Development segment engages in the synthetic biology technology development business.