Mobile-health Network Solutions (NASDAQ:MNDR) Short Interest Down 78.4% in December

Mobile-health Network Solutions (NASDAQ:MNDR) was the recipient of a large decline in short interest during the month of December. As of December 15th, there was short interest totaling 150,452 shares, a decline of 78.4% from the November 30th total of 696,300 shares. Based on an average daily trading volume, of 1,731,297 shares, the short-interest ratio is presently 0.1 days. Approximately 16.0% of the shares of the company are short sold. Approximately 16.0% of the shares of the company are short sold. Based on an average daily trading volume, of 1,731,297 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On Mobile-health Network Solutions

An institutional investor recently bought a new position in Mobile-health Network Solutions stock. Yorkville Advisors Global LP bought a new position in Mobile-health Network Solutions (NASDAQ:MNDR) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 28,000 shares of the company’s stock, valued at approximately $119,000. Mobile-health Network Solutions comprises 0.0% of Yorkville Advisors Global LP’s holdings, making the stock its 26th biggest position. Yorkville Advisors Global LP owned approximately 2.98% of Mobile-health Network Solutions as of its most recent filing with the Securities & Exchange Commission.

Mobile-health Network Solutions Stock Down 0.9%

MNDR traded down $0.01 during midday trading on Thursday, reaching $1.10. The company had a trading volume of 110,762 shares, compared to its average volume of 2,157,881. Mobile-health Network Solutions has a 12-month low of $1.01 and a 12-month high of $40.00. The business has a 50-day moving average price of $2.12 and a two-hundred day moving average price of $3.97.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Mobile-health Network Solutions in a report on Monday. One analyst has rated the stock with a Sell rating, According to MarketBeat, Mobile-health Network Solutions has a consensus rating of “Sell”.

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.