MDB Capital Holdings, LLC (NASDAQ:MDBH) Sees Large Growth in Short Interest

MDB Capital Holdings, LLC (NASDAQ:MDBH) was the recipient of a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 7,585 shares, a growth of 535.3% from the December 15th total of 1,194 shares. Based on an average trading volume of 18,279 shares, the short-interest ratio is presently 0.4 days. Approximately 0.2% of the shares of the stock are short sold. Approximately 0.2% of the shares of the stock are short sold. Based on an average trading volume of 18,279 shares, the short-interest ratio is presently 0.4 days.

MDB Capital Trading Up 0.9%

NASDAQ MDBH traded up $0.03 during trading hours on Monday, reaching $3.55. 1,736 shares of the company’s stock were exchanged, compared to its average volume of 12,103. The stock has a market cap of $36.00 million, a PE ratio of 3.82 and a beta of 1.09. MDB Capital has a one year low of $3.11 and a one year high of $7.98. The firm has a fifty day moving average of $3.43 and a 200-day moving average of $3.74.

MDB Capital (NASDAQ:MDBH) last issued its quarterly earnings data on Thursday, November 13th. The company reported ($0.46) earnings per share (EPS) for the quarter. The business had revenue of $1.42 million during the quarter.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in MDB Capital stock. Raymond James Financial Inc. acquired a new position in shares of MDB Capital Holdings, LLC (NASDAQ:MDBH) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 6,100 shares of the company’s stock, valued at approximately $27,000. Raymond James Financial Inc. owned about 0.07% of MDB Capital as of its most recent SEC filing. Hedge funds and other institutional investors own 0.35% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (d)” rating on shares of MDB Capital in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

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. The Technology Development segment engages in the synthetic biology technology development business.