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

MDB Capital Holdings, LLC (NASDAQ:MDBH) was the recipient of a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 1,194 shares, an increase of 80.6% from the November 30th total of 661 shares. Based on an average daily volume of 15,868 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are sold short. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 15,868 shares, the days-to-cover ratio is presently 0.1 days.

MDB Capital Price Performance

NASDAQ:MDBH traded down $0.24 during trading hours on Monday, reaching $3.26. 25,084 shares of the company were exchanged, compared to its average volume of 12,952. The business has a 50 day moving average of $3.56 and a 200 day moving average of $3.80. MDB Capital has a 1-year low of $3.16 and a 1-year high of $7.98. The company has a market capitalization of $33.06 million, a P/E ratio of 3.76 and a beta of 1.08.

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

Wall Street Analyst Weigh In

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, Based on data from MarketBeat, the company presently has a consensus rating of “Sell”.

Hedge Funds Weigh In On MDB Capital

A hedge fund recently bought a new stake in MDB Capital stock. Citadel Advisors LLC purchased a new position in shares of MDB Capital Holdings, LLC (NASDAQ:MDBH) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 12,569 shares of the company’s stock, valued at approximately $43,000. Citadel Advisors LLC owned approximately 0.13% of MDB Capital as of its most recent filing with the SEC. 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. The Technology Development segment engages in the synthetic biology technology development business.