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

Mobile-health Network Solutions (NASDAQ:MNDR) was the recipient of a large decrease in short interest in August. As of August 14th, there was short interest totaling 45,484 shares, a decrease of 39.3% from the July 30th total of 74,987 shares. Currently, 5.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 290,520 shares, the short-interest ratio is presently 0.2 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Mobile-health Network Solutions in a report on Wednesday, June 24th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, Mobile-health Network Solutions presently has a consensus rating of “Sell”.

Hedge Funds Weigh In On Mobile-health Network Solutions

An institutional investor recently bought a new stake in Mobile-health Network Solutions stock. HRT Financial LP bought a new position in Mobile-health Network Solutions (NASDAQ:MNDR) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 31,452 shares of the company’s stock, valued at approximately $28,000. HRT Financial LP owned approximately 3.35% of Mobile-health Network Solutions at the end of the most recent reporting period.

Mobile-health Network Solutions Price Performance

NASDAQ:MNDR traded down $0.04 during mid-day trading on Tuesday, reaching $1.53. 38,669 shares of the stock were exchanged, compared to its average volume of 277,234. The business has a fifty day moving average price of $2.36 and a 200 day moving average price of $20.79. Mobile-health Network Solutions has a 1-year low of $1.40 and a 1-year high of $32.52.

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.