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

Mobile-health Network Solutions (NASDAQ:MNDR) saw a large decrease in short interest in April. As of April 15th, there was short interest totaling 16,774 shares, a decrease of 81.7% from the March 31st total of 91,815 shares. Approximately 1.8% of the shares of the stock are sold short. Based on an average daily volume of 114,478 shares, the days-to-cover ratio is currently 0.1 days.

Wall Street Analysts Forecast Growth

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

Hedge Funds Weigh In On Mobile-health Network Solutions

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

Mobile-health Network Solutions Stock Performance

Shares of MNDR stock traded up $0.02 during mid-day trading on Friday, reaching $0.86. 256,347 shares of the stock traded hands, compared to its average volume of 100,560. The stock’s fifty day simple moving average is $0.90 and its two-hundred day simple moving average is $1.48. Mobile-health Network Solutions has a 1-year low of $0.76 and a 1-year high of $8.10.

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 firm had revenue of $1.97 million during the quarter.

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.