MDB Capital Holdings, LLC (NASDAQ:MDBH) Short Interest Update

MDB Capital Holdings, LLC (NASDAQ:MDBH) was the recipient of a large decline in short interest during the month of March. As of March 15th, there was short interest totalling 3,100 shares, a decline of 48.3% from the February 28th total of 6,000 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 7,200 shares, the days-to-cover ratio is currently 0.4 days.

MDB Capital Price Performance

MDBH stock traded up $0.12 on Friday, reaching $6.37. 404 shares of the company were exchanged, compared to its average volume of 8,228. The firm has a market capitalization of $59.22 million, a PE ratio of -2.22 and a beta of 0.95. The stock’s fifty day moving average price is $6.47 and its 200 day moving average price is $6.74. MDB Capital has a 12 month low of $5.78 and a 12 month high of $12.00.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in MDB Capital stock. Citadel Advisors LLC bought a new position in shares of MDB Capital Holdings, LLC (NASDAQ:MDBH) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 14,884 shares of the company’s stock, valued at approximately $94,000. Citadel Advisors LLC owned 0.16% of MDB Capital at the end of the most recent quarter. Institutional investors and hedge funds own 0.35% of the company’s stock.

About MDB Capital

MDB Capital Holdings, LLC, through its subsidiaries, primarily operates as a broker-dealer. The company operates through two segments, Broker Dealer & Intellectual Property Service, and Technology Development. The Broker Dealer & Intellectual Property Service segment operates as a full-service broker dealer that focuses on conducting private and public securities offerings, as well as providing research services for investment banking due diligence.