Mobile-health Network Solutions (NASDAQ:MNDR) Sees Significant Decrease in Short Interest

Mobile-health Network Solutions (NASDAQ:MNDR) saw a large decrease in short interest in the month of March. As of March 13th, there was short interest totaling 55,509 shares, a decrease of 55.6% from the February 26th total of 125,128 shares. Based on an average trading volume of 70,490 shares, the short-interest ratio is currently 0.8 days. Currently, 5.9% of the shares of the stock are short sold.

Analyst Ratings Changes

Several research analysts have commented on MNDR shares. Weiss Ratings restated a “sell (e+)” rating on shares of Mobile-health Network Solutions in a research report on Monday, December 29th. Wall Street Zen raised Mobile-health Network Solutions to a “hold” rating in a report on Saturday, February 21st. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, Mobile-health Network Solutions presently has an average rating of “Sell”.

Mobile-health Network Solutions Trading Down 2.8%

Shares of MNDR traded down $0.03 during mid-day trading on Thursday, reaching $0.99. The company had a trading volume of 99,926 shares, compared to its average volume of 1,197,102. The company’s 50 day simple moving average is $1.00 and its 200 day simple moving average is $1.95. Mobile-health Network Solutions has a 1-year low of $0.79 and a 1-year high of $10.30.

Mobile-health Network Solutions (NASDAQ:MNDR) last issued its earnings results on Thursday, March 12th. The company reported ($0.26) earnings per share for the quarter. The business had revenue of $1.97 million for the quarter. Equities research analysts predict that Mobile-health Network Solutions will post -0.04 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Mobile-health Network Solutions

An institutional investor recently bought a new position in Mobile-health Network Solutions stock. Yorkville Advisors Global LP bought a new position in Mobile-health Network Solutions (NASDAQ:MNDR) in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 28,000 shares of the company’s stock, valued at approximately $119,000. Mobile-health Network Solutions makes up about 0.0% of Yorkville Advisors Global LP’s investment portfolio, making the stock its 26th largest holding. Yorkville Advisors Global LP owned 2.98% of Mobile-health Network Solutions at the end of the most recent quarter.

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.