MDB Capital Holdings, LLC (NASDAQ:MDBH) Shares Shorted: Short Interest Down 63.9% in September

MDB Capital Holdings, LLC (NASDAQ:MDBH) was the target of a significant decline in short interest during the month of September. As of September 15th, there was short interest totaling 364 shares, a decline of 63.9% from the August 31st total of 1,009 shares. Based on an average daily volume of 3,023 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings downgraded shares of MDB Capital from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Monday, September 21st. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, MDB Capital has an average rating of “Sell”.

MDB Capital Stock Performance

Shares of NASDAQ MDBH traded down $0.11 during trading hours on Tuesday, hitting $2.46. The company’s stock had a trading volume of 2,833 shares, compared to its average volume of 2,202. MDB Capital has a 12 month low of $2.45 and a 12 month high of $4.80. The stock has a market cap of $25.34 million, a price-to-earnings ratio of -1.13 and a beta of 1.20. The business has a 50-day simple moving average of $2.92 and a 200-day simple moving average of $3.18.

MDB Capital Company Profile

MDB Capital (NASDAQ: MDBH) is a holding company focused on investment banking and advisory services for businesses whose intellectual property is a significant component of their value. Through its operating businesses, the company works with intellectual property-intensive companies on financing, strategic planning, and corporate development.

Its services include capital raising, mergers and acquisitions advisory, private placements, public offerings, and other investment banking activities.