OneMedNet Co. (NASDAQ:ONMDW – Get Free Report) saw a large decline in short interest during the month of April. As of April 15th, there was short interest totaling 17,822 shares, a decline of 27.6% from the March 31st total of 24,623 shares. Based on an average daily volume of 5,647 shares, the short-interest ratio is presently 3.2 days.
OneMedNet Stock Down 16.9%
Shares of NASDAQ ONMDW traded down $0.01 during midday trading on Thursday, reaching $0.05. The company’s stock had a trading volume of 2,100 shares, compared to its average volume of 13,163. OneMedNet has a one year low of $0.02 and a one year high of $0.24. The company has a 50 day moving average price of $0.07 and a 200 day moving average price of $0.11.
OneMedNet Company Profile
OneMedNet Inc is a special purpose acquisition company incorporated as an exempted company under the laws of the Cayman Islands in March 2021. The company was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, or similar business combination with one or more businesses, initially focusing on opportunities in the healthcare and medical technology sectors.
OneMedNet’s units and public securities are listed on the Nasdaq, with its warrants trading under the ticker ONMDW.
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