Mobile-health Network Solutions (NASDAQ:MNDR) Sees Large Increase in Short Interest

Mobile-health Network Solutions (NASDAQ:MNDR) saw a large growth in short interest in March. As of March 31st, there was short interest totaling 91,815 shares, a growth of 65.4% from the March 15th total of 55,509 shares. Based on an average daily volume of 2,383,323 shares, the days-to-cover ratio is presently 0.0 days. Currently, 9.8% of the shares of the company are sold short.

Mobile-health Network Solutions Price Performance

MNDR stock traded up $0.02 during trading on Monday, hitting $0.85. The company had a trading volume of 126,592 shares, compared to its average volume of 1,490,022. The company has a fifty day moving average price of $0.92 and a two-hundred day moving average price of $1.66. Mobile-health Network Solutions has a fifty-two week low of $0.76 and a fifty-two week high of $8.50.

Mobile-health Network Solutions (NASDAQ:MNDR) last announced its quarterly earnings results on Thursday, March 12th. The company reported ($0.26) EPS for the quarter. The company had revenue of $1.97 million during the quarter. On average, analysts expect that Mobile-health Network Solutions will post -0.04 earnings per share for the current fiscal year.

Institutional Trading of Mobile-health Network Solutions

An institutional investor recently bought a new position in Mobile-health Network Solutions stock. HRT Financial LP purchased a new stake in Mobile-health Network Solutions (NASDAQ:MNDR) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 31,452 shares of the company’s stock, valued at approximately $28,000. HRT Financial LP owned approximately 3.35% of Mobile-health Network Solutions at the end of the most recent reporting period.

Analysts Set New Price Targets

Several brokerages have recently weighed in on MNDR. Wall Street Zen raised Mobile-health Network Solutions to a “hold” rating in a report on Saturday, February 21st. Weiss Ratings reissued a “sell (e+)” rating on shares of Mobile-health Network Solutions in a report on Friday, March 27th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has a consensus 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.