Short Interest in Mobile-health Network Solutions (NASDAQ:MNDR) Declines By 78.4%

Mobile-health Network Solutions (NASDAQ:MNDR) was the recipient of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totaling 150,452 shares, a decrease 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 currently 0.1 days. Approximately 16.0% of the company’s stock are sold short. Approximately 16.0% of the company’s stock are sold short. Based on an average daily trading volume, of 1,731,297 shares, the short-interest ratio is currently 0.1 days.

Mobile-health Network Solutions Price Performance

NASDAQ:MNDR traded down $0.01 during trading hours on Thursday, hitting $1.10. 110,762 shares of the company traded hands, compared to its average volume of 2,157,881. The firm’s 50-day simple moving average is $2.12 and its 200-day simple moving average is $3.97. Mobile-health Network Solutions has a one year low of $1.01 and a one year high of $40.00.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Mobile-health Network Solutions stock. Yorkville Advisors Global LP acquired a new position in Mobile-health Network Solutions (NASDAQ:MNDR) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 28,000 shares of the company’s stock, valued at approximately $119,000. Mobile-health Network Solutions makes up about 0.0% of Yorkville Advisors Global LP’s investment portfolio, making the stock its 26th largest holding. Yorkville Advisors Global LP owned about 2.98% of Mobile-health Network Solutions as of its most recent SEC filing.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Mobile-health Network Solutions in a research report on Monday. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has an average 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.