Short Interest in Mobile-health Network Solutions (NASDAQ:MNDR) Increases By 214.0%

Mobile-health Network Solutions (NASDAQ:MNDR) was the target of a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 74,987 shares, an increase of 214.0% from the July 15th total of 23,885 shares. Based on an average trading volume of 94,758 shares, the short-interest ratio is presently 0.8 days. Approximately 8.8% of the shares of the company are short sold.

Mobile-health Network Solutions Price Performance

Shares of MNDR traded up $0.09 during trading hours on Friday, reaching $1.73. 65,180 shares of the company’s stock traded hands, compared to its average volume of 204,463. Mobile-health Network Solutions has a twelve month low of $1.40 and a twelve month high of $34.80. The business’s fifty day simple moving average is $6.94 and its two-hundred day simple moving average is $23.86.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Mobile-health Network Solutions in a research note on Wednesday, June 24th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Mobile-health Network Solutions currently has a consensus rating of “Sell”.

Institutional Trading of Mobile-health Network Solutions

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

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.