OneMedNet Co. (NASDAQ:ONMDW – Get Free Report) was the target of a large drop in short interest during the month of February. As of February 13th, there was short interest totaling 25,987 shares, a drop of 14.3% from the January 29th total of 30,334 shares. Based on an average daily volume of 5,535 shares, the short-interest ratio is presently 4.7 days. Based on an average daily volume of 5,535 shares, the short-interest ratio is presently 4.7 days.
OneMedNet Stock Down 23.5%
Shares of NASDAQ ONMDW opened at $0.07 on Friday. The stock’s fifty day moving average price is $0.11 and its two-hundred day moving average price is $0.11. 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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