OneMedNet Co. (NASDAQ:ONMDW) Sees Large Increase in Short Interest

OneMedNet Co. (NASDAQ:ONMDWGet Free Report) was the target of a significant growth in short interest during the month of December. As of December 15th, there was short interest totaling 27,727 shares, a growth of 29.3% from the November 30th total of 21,448 shares. Based on an average daily trading volume, of 23,309 shares, the short-interest ratio is currently 1.2 days. Based on an average daily trading volume, of 23,309 shares, the short-interest ratio is currently 1.2 days.

OneMedNet Price Performance

ONMDW stock opened at $0.14 on Wednesday. OneMedNet has a twelve month low of $0.02 and a twelve month high of $0.24. The business’s 50-day simple moving average is $0.14 and its 200 day simple moving average is $0.08.

About OneMedNet

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OneMedNet Inc is a special purpose acquisition company incorporated as an exempted company under the laws of the Cayman Islands in March 2021. The company was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, or similar business combination with one or more businesses, initially focusing on opportunities in the healthcare and medical technology sectors.

OneMedNet’s units and public securities are listed on the Nasdaq, with its warrants trading under the ticker ONMDW.

Further Reading

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