Mobile-health Network Solutions (NASDAQ:MNDR) Sees Significant Decline in Short Interest

Mobile-health Network Solutions (NASDAQ:MNDR) was the recipient of a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 45,484 shares, a decrease of 39.3% from the July 30th total of 74,987 shares. Currently, 5.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 290,520 shares, the short-interest ratio is presently 0.2 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Mobile-health Network Solutions in a research report on Wednesday, June 24th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has an average rating of “Sell”.

Institutional Inflows and Outflows

A hedge fund 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) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 31,452 shares of the company’s stock, valued at approximately $28,000. HRT Financial LP owned 3.35% of Mobile-health Network Solutions as of its most recent filing with the Securities & Exchange Commission.

Mobile-health Network Solutions Trading Up 0.3%

MNDR traded up $0.01 during midday trading on Monday, reaching $1.55. 9,774 shares of the company’s stock traded hands, compared to its average volume of 278,511. Mobile-health Network Solutions has a 52 week low of $1.40 and a 52 week high of $32.52. The firm has a fifty day moving average of $2.43 and a two-hundred day moving average of $21.25.

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.