EUDA Health Holdings Limited (NASDAQ:EUDA) Sees Large Growth in Short Interest

EUDA Health Holdings Limited (NASDAQ:EUDA) was the recipient of a large increase in short interest during the month of February. As of February 13th, there was short interest totaling 145,762 shares, an increase of 47.4% from the January 29th total of 98,870 shares. Approximately 0.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 123,970 shares, the days-to-cover ratio is currently 1.2 days. Based on an average daily trading volume, of 123,970 shares, the days-to-cover ratio is currently 1.2 days. Approximately 0.4% of the shares of the stock are short sold.

Institutional Trading of EUDA Health

A hedge fund recently raised its stake in EUDA Health stock. Citadel Advisors LLC lifted its stake in shares of EUDA Health Holdings Limited (NASDAQ:EUDA) by 57.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 44,631 shares of the company’s stock after acquiring an additional 16,321 shares during the period. Citadel Advisors LLC owned 0.12% of EUDA Health worth $78,000 as of its most recent SEC filing. Institutional investors and hedge funds own 4.35% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (d)” rating on shares of EUDA Health in a research report on Friday, January 9th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has an average rating of “Sell”.

EUDA Health Trading Down 3.4%

Shares of EUDA Health stock traded down $0.03 during trading hours on Tuesday, reaching $0.84. 32,523 shares of the company’s stock were exchanged, compared to its average volume of 441,543. EUDA Health has a 52-week low of $0.71 and a 52-week high of $4.30. The company has a fifty day moving average of $1.57 and a 200-day moving average of $2.09. The firm has a market capitalization of $31.87 million, a price-to-earnings ratio of -7.03 and a beta of -0.11.

About EUDA Health

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.