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

Mobile-health Network Solutions (NASDAQ:MNDR) was the recipient of a significant decrease in short interest in February. As of February 13th, there was short interest totaling 9,995 shares, a decrease of 75.1% from the January 29th total of 40,078 shares. Approximately 1.1% of the company’s stock are sold short. Based on an average daily trading volume, of 144,142 shares, the short-interest ratio is currently 0.1 days. Based on an average daily trading volume, of 144,142 shares, the short-interest ratio is currently 0.1 days. Approximately 1.1% of the company’s stock are sold short.

Mobile-health Network Solutions Price Performance

Shares of MNDR remained flat at $0.93 during mid-day trading on Friday. 79,278 shares of the stock traded hands, compared to its average volume of 1,367,885. The business has a 50-day moving average price of $1.03 and a 200-day moving average price of $2.50. Mobile-health Network Solutions has a 1 year low of $0.79 and a 1 year high of $23.00.

Analysts Set New Price Targets

A number of brokerages recently weighed in on MNDR. Weiss Ratings restated a “sell (e+)” rating on shares of Mobile-health Network Solutions in a report on Monday, December 29th. Wall Street Zen raised Mobile-health Network Solutions to a “hold” rating in a report on Saturday, February 21st. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has an average rating of “Sell”.

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) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm 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.

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.