Short Interest in MDB Capital Holdings, LLC (NASDAQ:MDBH) Grows By 535.3%

MDB Capital Holdings, LLC (NASDAQ:MDBH) was the recipient of a significant increase in short interest during the month of December. As of December 31st, there was short interest totaling 7,585 shares, an increase of 535.3% from the December 15th total of 1,194 shares. Based on an average daily trading volume, of 18,279 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.2% of the company’s stock are short sold. Currently, 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 18,279 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Investors Weigh In On MDB Capital

An institutional investor recently bought a new position in MDB Capital stock. Citadel Advisors LLC purchased a new position in MDB Capital Holdings, LLC (NASDAQ:MDBH) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 12,569 shares of the company’s stock, valued at approximately $43,000. Citadel Advisors LLC owned 0.13% of MDB Capital at the end of the most recent reporting period. Institutional investors and hedge funds own 0.35% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (d)” rating on shares of MDB Capital in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Sell”.

MDB Capital Stock Performance

Shares of MDB Capital stock traded up $0.32 on Wednesday, hitting $3.75. 18,710 shares of the company’s stock were exchanged, compared to its average volume of 4,801. MDB Capital has a 1 year low of $3.11 and a 1 year high of $7.98. The company has a 50-day simple moving average of $3.43 and a 200-day simple moving average of $3.73. The stock has a market capitalization of $37.97 million, a PE ratio of 4.03 and a beta of 1.09.

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