Kindly MD, Inc. (NASDAQ:KDLY) Short Interest Down 78.8% in February

Kindly MD, Inc. (NASDAQ:KDLY) was the recipient of a significant drop in short interest during the month of February. As of February 28th, there was short interest totalling 135,200 shares, a drop of 78.8% from the February 13th total of 638,800 shares. Based on an average daily trading volume, of 4,110,000 shares, the short-interest ratio is presently 0.0 days. Currently, 7.0% of the shares of the stock are short sold.

Kindly MD Price Performance

Shares of KDLY stock traded up $0.02 during mid-day trading on Thursday, hitting $1.45. The company had a trading volume of 64,960 shares, compared to its average volume of 5,490,362. The stock’s 50 day moving average price is $1.70 and its 200-day moving average price is $1.36. Kindly MD has a 52-week low of $0.65 and a 52-week high of $5.25.

Institutional Trading of Kindly MD

Several hedge funds have recently bought and sold shares of KDLY. Townsquare Capital LLC bought a new stake in shares of Kindly MD in the 3rd quarter worth about $736,000. Cetera Investment Advisers purchased a new position in shares of Kindly MD during the fourth quarter worth approximately $93,000. Finally, Ground Swell Capital LLC bought a new stake in shares of Kindly MD during the fourth quarter valued at approximately $28,000.

About Kindly MD

Kindly MD, Inc provides healthcare services. Its services include medication management, behavioral healthcare and alternative treatments. The firm offers evaluation and management, including chronic pain, functional medicine, cognitive behavioral therapy, trauma and addiction therapy, recovery support services, overdose education efforts, peer support, limited urgent care, preventative medicine, travel services, and hormone therapy.