MDB Capital Holdings, LLC (NASDAQ:MDBH) Stock Short Interest Report for October

MDB Capital Holdings, LLC (NASDAQ:MDBH) saw a large decline in short interest during the month of October. As of October 15th, there was short interest totaling 67 shares, a decline of 82.7% from the September 30th total of 387 shares. Based on an average daily trading volume, of 6,216 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Analysts Set New Price Targets

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

MDB Capital Price Performance

NASDAQ MDBH traded up $0.12 during trading hours on Tuesday, hitting $1.67. 375 shares of the company’s stock traded hands, compared to its average volume of 4,856. The company has a market capitalization of $17.19 million, a PE ratio of -0.77 and a beta of 1.23. MDB Capital has a 52-week low of $1.55 and a 52-week high of $4.43. The firm’s 50-day moving average is $2.52 and its 200-day moving average is $3.09.

About MDB Capital

MDB Capital Holdings, LLC (NASDAQ: MDBH) is a financial services company focused on businesses whose intellectual property is a significant component of their value. Through its investment banking and advisory operations, the company works with intellectual-property-rich companies on strategic planning, capital formation, investor communications and other corporate finance needs.

MDB Capital’s services are designed to help clients identify, develop and communicate the commercial potential of patents and other intellectual property.