Short Interest in Mobile-health Network Solutions (NASDAQ:MNDR) Declines By 61.7%

Mobile-health Network Solutions (NASDAQ:MNDR) was the recipient of a large decline in short interest in July. As of July 15th, there was short interest totaling 23,885 shares, a decline of 61.7% from the June 30th total of 62,348 shares. Currently, 2.8% of the company’s stock are short sold. Based on an average trading volume of 54,881 shares, the short-interest ratio is presently 0.4 days.

Analyst Ratings Changes

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

Institutional Trading of Mobile-health Network Solutions

A hedge fund recently bought a new position in Mobile-health Network Solutions stock. HRT Financial LP bought a new position in shares of Mobile-health Network Solutions (NASDAQ:MNDR) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 31,452 shares of the company’s stock, valued at approximately $28,000. HRT Financial LP owned about 3.35% of Mobile-health Network Solutions at the end of the most recent reporting period.

Mobile-health Network Solutions Stock Performance

Shares of MNDR opened at $2.18 on Monday. The company has a 50 day moving average of $15.11 and a two-hundred day moving average of $27.88. Mobile-health Network Solutions has a twelve month low of $2.13 and a twelve month high of $45.00.

Mobile-health Network Solutions Company Profile

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.