Mobile-health Network Solutions (NASDAQ:MNDR) Shares Shorted: Short Interest Down 66.4% in September

by · The Markets Daily

Mobile-health Network Solutions (NASDAQ:MNDR – Get Free Report) was the recipient of a large decline in short interest in September. As of September 15th, there was short interest totaling 7,803 shares, a decline of 66.4% from the August 31st total of 23,194 shares. Based on an average daily trading volume, of 32,922 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.9% of the company’s stock are short sold.

Mobile-health Network Solutions Price Performance

NASDAQ MNDR traded down $0.04 during midday trading on Tuesday, hitting $1.26. The company had a trading volume of 26,368 shares, compared to its average volume of 266,301. Mobile-health Network Solutions has a twelve month low of $1.25 and a twelve month high of $32.52. The firm has a 50-day moving average price of $1.66 and a 200-day moving average price of $16.57.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Mobile-health Network Solutions in a report on Monday, September 21st. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has a consensus rating of “Sell”.

Check Out Our Latest Research Report on Mobile-health Network Solutions

Mobile-health Network Solutions Company Profile

(Get Free Report)

Mobile-health Network Solutions Ltd. is a Singapore-based digital healthcare company that operates the MaNaDr telehealth platform. The platform is designed to connect patients with healthcare professionals through mobile and online services, enabling users to seek medical advice and manage aspects of their healthcare remotely.

Its services include virtual medical consultations, electronic prescriptions, medication fulfillment and delivery, and related healthcare-support tools. The company also provides technology intended to help healthcare providers manage patient interactions and deliver care through digital channels.

Founded in Singapore, Mobile-health Network Solutions has focused on expanding telehealth access in Southeast Asia, with operations and services centered on Singapore and a broader regional presence.

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