EUDA Health Holdings Limited (NASDAQ:EUDA) Short Interest Up 458.0% in December

EUDA Health Holdings Limited (NASDAQ:EUDA) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totaling 203,626 shares, an increase of 458.0% from the December 15th total of 36,489 shares. Based on an average daily trading volume, of 1,141,315 shares, the short-interest ratio is currently 0.2 days. Approximately 0.5% of the shares of the company are sold short. Approximately 0.5% of the shares of the company are sold short. Based on an average daily trading volume, of 1,141,315 shares, the short-interest ratio is currently 0.2 days.

Institutional Trading of EUDA Health

A hedge fund recently raised its stake in EUDA Health stock. Citadel Advisors LLC raised its stake in EUDA Health Holdings Limited (NASDAQ:EUDA) by 57.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 44,631 shares of the company’s stock after purchasing an additional 16,321 shares during the period. Citadel Advisors LLC owned about 0.12% of EUDA Health worth $78,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 4.35% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of EUDA Health in a research report on Friday. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has a consensus rating of “Sell”.

EUDA Health Price Performance

EUDA Health stock traded up $0.09 during trading hours on Wednesday, hitting $2.19. 44,650 shares of the stock traded hands, compared to its average volume of 1,639,612. The firm’s 50 day moving average price is $2.63 and its 200-day moving average price is $2.55. The stock has a market capitalization of $82.84 million, a price-to-earnings ratio of -18.33 and a beta of -0.13. EUDA Health has a 1 year low of $1.03 and a 1 year high of $4.50.

EUDA Health Company Profile

EUDA Health, Inc (NASDAQ:EUDA) is a healthcare technology company focused on the development and commercialization of digital health solutions and energy-based medical devices for women’s intimate health. The company’s platform combines non-invasive treatment devices with software-driven patient monitoring and analytics to support pelvic floor function, address stress urinary incontinence and enhance vaginal tissue health.

EUDA Health’s core product offerings utilize low-intensity radiofrequency energy delivered through proprietary handpieces to promote tissue remodeling and muscle activation.