Mobile-health Network Solutions (NASDAQ:MNDR) Short Interest Up 40.1% in February

Mobile-health Network Solutions (NASDAQ:MNDR) saw a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 706,400 shares, an increase of 40.1% from the January 31st total of 504,100 shares. Currently, 6.8% of the company’s shares are sold short. Based on an average daily volume of 8,680,000 shares, the days-to-cover ratio is currently 0.1 days.

Hedge Funds Weigh In On Mobile-health Network Solutions

A hedge fund recently bought a new stake in Mobile-health Network Solutions stock. Citadel Advisors LLC purchased a new stake in Mobile-health Network Solutions (NASDAQ:MNDR) during the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 209,972 shares of the company’s stock, valued at approximately $67,000. Citadel Advisors LLC owned about 0.92% of Mobile-health Network Solutions as of its most recent SEC filing.

Mobile-health Network Solutions Stock Down 0.4 %

Shares of MNDR traded down $0.00 during mid-day trading on Monday, reaching $0.43. The company had a trading volume of 5,670,889 shares, compared to its average volume of 13,959,116. The firm has a fifty day simple moving average of $0.35 and a 200-day simple moving average of $0.46. Mobile-health Network Solutions has a fifty-two week low of $0.23 and a fifty-two week high of $29.50.

About Mobile-health Network Solutions

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.