Mobile-health Network Solutions (NASDAQ:MNDR) Short Interest Update

Mobile-health Network Solutions (NASDAQ:MNDR) was the target of a significant drop in short interest during the month of December. As of December 15th, there was short interest totaling 150,452 shares, a drop of 78.4% from the November 30th total of 696,300 shares. Approximately 16.0% of the shares of the company are sold short. Based on an average daily volume of 1,731,297 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 1,731,297 shares, the short-interest ratio is currently 0.1 days. Approximately 16.0% of the shares of the company are sold short.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Mobile-health Network Solutions in a research report on Monday. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Mobile-health Network Solutions presently has an average rating of “Sell”.

Hedge Funds Weigh In On Mobile-health Network Solutions

An institutional investor recently bought a new position in Mobile-health Network Solutions stock. Yorkville Advisors Global LP bought a new stake in shares of Mobile-health Network Solutions (NASDAQ:MNDR) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 28,000 shares of the company’s stock, valued at approximately $119,000. Mobile-health Network Solutions makes up about 0.0% of Yorkville Advisors Global LP’s portfolio, making the stock its 26th biggest position. Yorkville Advisors Global LP owned approximately 2.98% of Mobile-health Network Solutions at the end of the most recent reporting period.

Mobile-health Network Solutions Trading Down 1.8%

MNDR traded down $0.02 on Friday, reaching $1.11. 87,226 shares of the company traded hands, compared to its average volume of 1,079,723. Mobile-health Network Solutions has a one year low of $1.01 and a one year high of $40.00. The firm has a fifty day simple moving average of $2.04 and a two-hundred day simple moving average of $3.91.

About Mobile-health Network Solutions

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.