Mobile-health Network Solutions (NASDAQ:MNDR) Short Interest Down 61.7% in July

Mobile-health Network Solutions (NASDAQ:MNDR) was the target of a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 23,885 shares, a decline of 61.7% from the June 30th total of 62,348 shares. Based on an average trading volume of 54,881 shares, the short-interest ratio is currently 0.4 days. Currently, 2.8% of the company’s stock are sold short.

Analyst Upgrades and Downgrades

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

Mobile-health Network Solutions Price Performance

Shares of NASDAQ MNDR opened at $2.18 on Monday. The company’s fifty day moving average price is $15.11 and its 200 day moving average price is $27.88. Mobile-health Network Solutions has a 1 year low of $2.13 and a 1 year high of $45.00.

Institutional Investors Weigh In On Mobile-health Network Solutions

An institutional investor recently bought a new position in Mobile-health Network Solutions stock. HRT Financial LP bought a new position in shares of Mobile-health Network Solutions (NASDAQ:MNDR) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor 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 as of its most recent SEC filing.

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.