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

Mobile-health Network Solutions (NASDAQ:MNDR) was the recipient of a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 74,600 shares, a growth of 21.9% from the March 15th total of 61,200 shares. Currently, 2.6% of the company’s stock are sold short. Based on an average trading volume of 1,100,000 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On Mobile-health Network Solutions

A hedge fund recently bought a new stake in Mobile-health Network Solutions stock. Citadel Advisors LLC bought a new position in Mobile-health Network Solutions (NASDAQ:MNDR) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 209,972 shares of the company’s stock, valued at approximately $67,000. Citadel Advisors LLC owned about 0.92% of Mobile-health Network Solutions as of its most recent filing with the Securities and Exchange Commission.

Mobile-health Network Solutions Price Performance

Shares of MNDR remained flat at $1.47 during mid-day trading on Friday. 67,159 shares of the stock traded hands, compared to its average volume of 393,487. The firm’s fifty day simple moving average is $2.43 and its two-hundred day simple moving average is $2.72. Mobile-health Network Solutions has a 52 week low of $1.42 and a 52 week high of $219.68.

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.