Mobile-health Network Solutions (NASDAQ:MNDR) Short Interest Up 394.6% in June

Mobile-health Network Solutions (NASDAQ:MNDR) was the target of a significant growth in short interest in June. As of June 15th, there was short interest totaling 162,530 shares, a growth of 394.6% from the May 31st total of 32,862 shares. Currently, 3.2% of the shares of the stock are short sold. Based on an average daily volume of 217,510 shares, the short-interest ratio is presently 0.7 days.

Analysts Set New Price Targets

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

Institutional Trading of Mobile-health Network Solutions

An institutional investor recently bought a new position in Mobile-health Network Solutions stock. HRT Financial LP purchased a new stake in shares of Mobile-health Network Solutions (NASDAQ:MNDR) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 31,452 shares of the company’s stock, valued at approximately $28,000. HRT Financial LP owned 3.35% of Mobile-health Network Solutions as of its most recent filing with the SEC.

Mobile-health Network Solutions Stock Performance

Mobile-health Network Solutions stock opened at $0.54 on Monday. Mobile-health Network Solutions has a 12-month low of $0.40 and a 12-month high of $7.50. The company has a 50-day moving average price of $4.57 and a 200 day moving average price of $5.51.

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. 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.