MDB Capital Holdings, LLC (NASDAQ:MDBH) Shares Shorted: Short Interest Down 63.9% in September

MDB Capital Holdings, LLC (NASDAQ:MDBH) was the recipient of a large drop in short interest during the month of September. As of September 15th, there was short interest totaling 364 shares, a drop of 63.9% from the August 31st total of 1,009 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 3,023 shares, the short-interest ratio is currently 0.1 days.

Analyst Ratings Changes

Separately, Weiss Ratings downgraded MDB Capital from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Monday, September 21st. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, MDB Capital has a consensus rating of “Sell”.

MDB Capital Stock Down 4.7%

NASDAQ MDBH traded down $0.12 during trading hours on Friday, reaching $2.46. 4,143 shares of the company were exchanged, compared to its average volume of 2,107. The stock has a market capitalization of $25.34 million, a P/E ratio of -1.13 and a beta of 1.20. MDB Capital has a 1 year low of $2.45 and a 1 year high of $4.80. The business’s 50 day simple moving average is $2.94 and its 200-day simple moving average is $3.18.

About MDB Capital

MDB Capital (NASDAQ: MDBH) is a holding company focused on investment banking and advisory services for businesses whose intellectual property is a significant component of their value. Through its operating businesses, the company works with intellectual property-intensive companies on financing, strategic planning, and corporate development.

Its services include capital raising, mergers and acquisitions advisory, private placements, public offerings, and other investment banking activities.