Short Interest in Mobile-health Network Solutions (NASDAQ:MNDR) Rises By 1,151.9%

Mobile-health Network Solutions (NASDAQ:MNDR) was the recipient of a significant growth in short interest in the month of February. As of February 27th, there was short interest totaling 125,128 shares, a growth of 1,151.9% from the February 12th total of 9,995 shares. Based on an average daily volume of 2,766,413 shares, the short-interest ratio is presently 0.0 days. Currently, 13.3% of the company’s stock are sold short. Currently, 13.3% of the company’s stock are sold short. Based on an average daily volume of 2,766,413 shares, the short-interest ratio is presently 0.0 days.

Mobile-health Network Solutions Stock Performance

MNDR stock traded down $0.01 during mid-day trading on Wednesday, hitting $0.89. The company had a trading volume of 7,136 shares, compared to its average volume of 866,404. Mobile-health Network Solutions has a 12 month low of $0.79 and a 12 month high of $11.95. The stock’s fifty day moving average price is $1.01 and its two-hundred day moving average price is $2.24.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. Wall Street Zen upgraded Mobile-health Network Solutions to a “hold” rating in a research note on Saturday, February 21st. Weiss Ratings reiterated a “sell (e+)” rating on shares of Mobile-health Network Solutions in a research note on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has a consensus rating of “Sell”.

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 Mobile-health Network Solutions (NASDAQ:MNDR) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 28,000 shares of the company’s stock, valued at approximately $119,000. Mobile-health Network Solutions accounts for about 0.0% of Yorkville Advisors Global LP’s investment portfolio, making the stock its 26th biggest position. Yorkville Advisors Global LP owned about 2.98% of Mobile-health Network Solutions at the end of the most recent quarter.

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.