OneMedNet Co. (NASDAQ:ONMDW – Get Free Report) was the target of a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 27,727 shares, an increase of 29.3% from the November 30th total of 21,448 shares. Based on an average daily trading volume, of 23,309 shares, the short-interest ratio is currently 1.2 days. Based on an average daily trading volume, of 23,309 shares, the short-interest ratio is currently 1.2 days.
OneMedNet Price Performance
Shares of ONMDW opened at $0.09 on Friday. The firm has a 50-day moving average of $0.14 and a 200-day moving average of $0.08. OneMedNet has a one year low of $0.02 and a one year high of $0.24.
OneMedNet Company Profile
OneMedNet Inc is a special purpose acquisition company incorporated as an exempted company under the laws of the Cayman Islands in March 2021. The company was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, or similar business combination with one or more businesses, initially focusing on opportunities in the healthcare and medical technology sectors.
OneMedNet’s units and public securities are listed on the Nasdaq, with its warrants trading under the ticker ONMDW.
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