MDB Capital Holdings, LLC (NASDAQ:MDBH) Stock Short Interest Drops 63.9%

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

Analyst Upgrades and Downgrades

Separately, Weiss Ratings cut 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, the company has a consensus rating of “Sell”.

MDB Capital Stock Up 0.2%

MDB Capital stock traded up $0.01 during trading hours on Monday, hitting $2.46. The stock had a trading volume of 2,833 shares, compared to its average volume of 4,870. The company has a 50-day moving average of $2.94 and a two-hundred day moving average of $3.18. MDB Capital has a fifty-two week low of $2.45 and a fifty-two week high of $4.80. The company has a market cap of $25.39 million, a PE ratio of -1.13 and a beta of 1.20.

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.