Mobile-health Network Solutions (NASDAQ:MNDR) Short Interest Up 1,897.8% in April

Mobile-health Network Solutions (NASDAQ:MNDR) was the recipient of a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 335,110 shares, an increase of 1,897.8% from the April 15th total of 16,774 shares. Based on an average daily volume of 922,784 shares, the short-interest ratio is currently 0.4 days. Currently, 9.6% of the shares of the company are short sold.

Mobile-health Network Solutions Trading Up 4.7%

Shares of Mobile-health Network Solutions stock opened at $1.11 on Tuesday. The firm’s 50-day moving average price is $0.91 and its two-hundred day moving average price is $1.31. Mobile-health Network Solutions has a 12-month low of $0.66 and a 12-month high of $7.95.

Mobile-health Network Solutions (NASDAQ:MNDR) last announced its quarterly earnings results on Thursday, March 12th. The company reported ($0.26) EPS for the quarter. The firm had revenue of $1.97 million during the quarter.

Wall Street Analysts Forecast Growth

Several analysts recently commented on MNDR shares. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Mobile-health Network Solutions in a report on Friday, March 27th. Wall Street Zen raised shares of Mobile-health Network Solutions to a “hold” rating in a report on Saturday, February 21st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has a consensus 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 purchased a new stake in shares of Mobile-health Network Solutions (NASDAQ:MNDR) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 28,000 shares of the company’s stock, valued at approximately $119,000. Mobile-health Network Solutions comprises about 0.0% of Yorkville Advisors Global LP’s portfolio, making the stock its 26th biggest holding. Yorkville Advisors Global LP owned about 2.98% of Mobile-health Network Solutions as of its most recent SEC filing.

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.