Short Interest in MDB Capital Holdings, LLC (NASDAQ:MDBH) Decreases By 51.6%

MDB Capital Holdings, LLC (NASDAQ:MDBH) saw a large decrease in short interest in the month of March. As of March 31st, there was short interest totalling 1,500 shares, a decrease of 51.6% from the March 15th total of 3,100 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 6,600 shares, the short-interest ratio is currently 0.2 days.

Hedge Funds Weigh In On MDB Capital

A hedge fund recently bought a new stake in MDB Capital stock. Citadel Advisors LLC acquired a new position in shares of MDB Capital Holdings, LLC (NASDAQ:MDBH) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 14,884 shares of the company’s stock, valued at approximately $94,000. Citadel Advisors LLC owned approximately 0.16% of MDB Capital as of its most recent filing with the Securities and Exchange Commission. Hedge funds and other institutional investors own 0.35% of the company’s stock.

MDB Capital Trading Down 0.2 %

MDBH traded down $0.01 on Wednesday, reaching $4.75. The stock had a trading volume of 7,218 shares, compared to its average volume of 8,483. The firm has a 50-day moving average of $6.23 and a 200-day moving average of $6.51. The company has a market capitalization of $44.16 million, a price-to-earnings ratio of -1.66 and a beta of 0.92. MDB Capital has a fifty-two week low of $3.80 and a fifty-two week high of $12.00.

MDB Capital (NASDAQ:MDBH) last announced its quarterly earnings data on Monday, March 31st. The company reported $2.88 earnings per share (EPS) for the quarter.

About MDB Capital

MDB Capital Holdings, LLC, through its subsidiaries, primarily operates as a broker-dealer. The company operates through two segments, Broker Dealer & Intellectual Property Service, and Technology Development. The Broker Dealer & Intellectual Property Service segment operates as a full-service broker dealer that focuses on conducting private and public securities offerings, as well as providing research services for investment banking due diligence.