Short Interest in MDB Capital Holdings, LLC (NASDAQ:MDBH) Decreases By 68.9%

MDB Capital Holdings, LLC (NASDAQ:MDBH) saw a large drop in short interest in the month of January. As of January 30th, there was short interest totaling 2,107 shares, a drop of 68.9% from the January 15th total of 6,782 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 9,238 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 9,238 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the company’s shares are sold short.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d)” rating on shares of MDB Capital in a research report on Thursday, January 22nd. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has a consensus rating of “Sell”.

Hedge Funds Weigh In On MDB Capital

An institutional investor recently bought a new position in MDB Capital stock. Raymond James Financial Inc. bought a new stake in shares of MDB Capital Holdings, LLC (NASDAQ:MDBH) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 6,100 shares of the company’s stock, valued at approximately $27,000. Raymond James Financial Inc. owned approximately 0.07% of MDB Capital as of its most recent SEC filing. Institutional investors own 0.35% of the company’s stock.

MDB Capital Trading Up 2.7%

Shares of MDBH stock traded up $0.09 during mid-day trading on Wednesday, reaching $3.19. The stock had a trading volume of 11,447 shares, compared to its average volume of 8,044. The firm has a market capitalization of $32.30 million, a PE ratio of 3.42 and a beta of 1.09. The stock’s 50-day moving average price is $3.39 and its two-hundred day moving average price is $3.55. MDB Capital has a 52-week low of $3.00 and a 52-week high of $7.98.

MDB Capital (NASDAQ:MDBH) last posted its earnings results on Thursday, November 13th. The company reported ($0.46) earnings per share for the quarter. The firm had revenue of $1.42 million for the quarter.

MDB Capital Company Profile

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.