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

Mobile-health Network Solutions (NASDAQ:MNDR) was the target of a significant decrease in short interest in February. As of February 13th, there was short interest totaling 9,995 shares, a decrease of 75.1% from the January 29th total of 40,078 shares. Based on an average trading volume of 144,142 shares, the days-to-cover ratio is currently 0.1 days. Currently, 1.1% of the shares of the stock are short sold. Currently, 1.1% of the shares of the stock are short sold. Based on an average trading volume of 144,142 shares, the days-to-cover ratio is currently 0.1 days.

Mobile-health Network Solutions Stock Performance

NASDAQ MNDR traded down $0.02 during trading hours on Thursday, hitting $0.91. 27,608 shares of the company’s stock were exchanged, compared to its average volume of 1,054,390. The business’s 50 day moving average is $1.04 and its 200-day moving average is $2.53. Mobile-health Network Solutions has a 12-month low of $0.79 and a 12-month high of $23.00.

Analyst Ratings Changes

A number of research firms recently commented on MNDR. Wall Street Zen upgraded Mobile-health Network Solutions to a “hold” rating in a research report on Saturday, February 21st. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Mobile-health Network Solutions in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has an average rating of “Sell”.

Institutional Inflows and Outflows

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

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.