Mobile-health Network Solutions (NASDAQ:MNDR) Short Interest Down 62.0% in January

Mobile-health Network Solutions (NASDAQ:MNDR) was the target of a large decline in short interest in January. As of January 15th, there was short interest totaling 20,524 shares, a decline of 62.0% from the December 31st total of 53,961 shares. Approximately 2.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 86,843 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 86,843 shares, the days-to-cover ratio is presently 0.2 days. Approximately 2.2% of the shares of the stock are sold short.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Mobile-health Network Solutions stock. Yorkville Advisors Global LP purchased a new position in shares of Mobile-health Network Solutions (NASDAQ:MNDR) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 28,000 shares of the company’s stock, valued at approximately $119,000. Mobile-health Network Solutions makes up about 0.0% of Yorkville Advisors Global LP’s portfolio, making the stock its 26th biggest holding. Yorkville Advisors Global LP owned 2.98% of Mobile-health Network Solutions at the end of the most recent quarter.

Mobile-health Network Solutions Price Performance

MNDR stock traded down $0.09 during midday trading on Thursday, reaching $1.07. The company had a trading volume of 779,466 shares, compared to its average volume of 596,994. The firm has a 50-day moving average price of $1.41 and a 200-day moving average price of $3.09. Mobile-health Network Solutions has a 1 year low of $0.83 and a 1 year high of $40.00.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Mobile-health Network Solutions in a report on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has an average 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.