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

Mobile-health Network Solutions (NASDAQ:MNDR) saw a significant increase in short interest in February. As of February 27th, there was short interest totaling 125,128 shares, an increase of 1,151.9% from the February 12th total of 9,995 shares. Currently, 13.3% of the shares of the company are sold short. Based on an average daily volume of 2,766,413 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily volume of 2,766,413 shares, the days-to-cover ratio is presently 0.0 days. Currently, 13.3% of the shares of the company are sold short.

Wall Street Analysts Forecast Growth

MNDR has been the subject of several recent analyst reports. Wall Street Zen raised Mobile-health Network Solutions to a “hold” rating in a research note on Saturday, February 21st. Weiss Ratings reiterated a “sell (e+)” rating on shares of Mobile-health Network Solutions in a research report on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, Mobile-health Network Solutions has an average rating of “Sell”.

Institutional Trading of Mobile-health Network Solutions

A hedge fund recently bought a new stake in Mobile-health Network Solutions stock. HRT Financial LP purchased a new position in shares of Mobile-health Network Solutions (NASDAQ:MNDR) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 31,452 shares of the company’s stock, valued at approximately $28,000. HRT Financial LP owned approximately 3.35% of Mobile-health Network Solutions as of its most recent filing with the Securities and Exchange Commission (SEC).

Mobile-health Network Solutions Trading Up 1.0%

NASDAQ MNDR traded up $0.01 during trading hours on Tuesday, reaching $0.90. 113,871 shares of the stock traded hands, compared to its average volume of 1,355,507. The stock has a 50 day simple moving average of $1.01 and a two-hundred day simple moving average of $2.24. Mobile-health Network Solutions has a 1 year low of $0.79 and a 1 year high of $12.10.

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. 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.