Short Interest in Mobile-health Network Solutions (NASDAQ:MNDR) Declines By 81.7%

Mobile-health Network Solutions (NASDAQ:MNDR) saw a large decline in short interest in the month of April. As of April 15th, there was short interest totaling 16,774 shares, a decline of 81.7% from the March 31st total of 91,815 shares. Approximately 1.8% of the shares of the company are sold short. Based on an average daily volume of 114,478 shares, the short-interest ratio is presently 0.1 days.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on MNDR. Wall Street Zen upgraded 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 note on Friday, March 27th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Mobile-health Network Solutions currently has an average rating of “Sell”.

Institutional Investors Weigh In On Mobile-health Network Solutions

An institutional investor recently bought a new position in Mobile-health Network Solutions stock. HRT Financial LP acquired a new position in Mobile-health Network Solutions (NASDAQ:MNDR) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 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.

Mobile-health Network Solutions Trading Up 2.2%

MNDR traded up $0.02 during trading hours on Friday, hitting $0.86. The stock had a trading volume of 256,347 shares, compared to its average volume of 100,560. The company’s fifty day simple moving average is $0.90 and its 200 day simple moving average is $1.50. Mobile-health Network Solutions has a 1 year low of $0.76 and a 1 year high of $8.10.

Mobile-health Network Solutions (NASDAQ:MNDR) last announced its quarterly earnings data on Thursday, March 12th. The company reported ($0.26) earnings per share for the quarter. The company had revenue of $1.97 million during the quarter.

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.