MDB Capital Holdings, LLC (NASDAQ:MDBH) Stock Short Interest Falls 63.9%
by Michael Walen · The Markets DailyMDB Capital Holdings, LLC (NASDAQ:MDBH – Get Free Report) saw a large decrease in short interest during the month of September. As of September 15th, there was short interest totaling 364 shares, a decrease of 63.9% from the August 31st total of 1,009 shares. Based on an average trading volume of 3,023 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings downgraded MDB Capital from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Monday, September 21st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, MDB Capital has an average rating of “Sell”.
Check Out Our Latest Analysis on MDB Capital
MDB Capital Stock Down 4.7%
NASDAQ:MDBH traded down $0.12 during trading hours on Friday, hitting $2.46. 4,143 shares of the company traded hands, compared to its average volume of 2,107. The company has a market cap of $25.34 million, a PE ratio of -1.13 and a beta of 1.20. The firm’s 50-day simple moving average is $2.94 and its 200-day simple moving average is $3.18. MDB Capital has a one year low of $2.45 and a one year high of $4.80.
About MDB Capital
MDB Capital (NASDAQ: MDBH) is a holding company focused on investment banking and advisory services for businesses whose intellectual property is a significant component of their value. Through its operating businesses, the company works with intellectual property-intensive companies on financing, strategic planning, and corporate development.
Its services include capital raising, mergers and acquisitions advisory, private placements, public offerings, and other investment banking activities.