MDB Capital Holdings, LLC (NASDAQ:MDBH) Short Interest Up 361.5% in February

MDB Capital Holdings, LLC (NASDAQ:MDBH) was the recipient of a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 6,000 shares, a growth of 361.5% from the February 13th total of 1,300 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 8,400 shares, the short-interest ratio is currently 0.7 days.

MDB Capital Stock Performance

Shares of MDBH traded up $0.08 during mid-day trading on Wednesday, reaching $6.33. 996 shares of the company were exchanged, compared to its average volume of 6,764. The business has a 50 day simple moving average of $6.44 and a two-hundred day simple moving average of $6.85. MDB Capital has a 52 week low of $5.78 and a 52 week high of $12.00. The stock has a market capitalization of $58.80 million, a PE ratio of -2.20 and a beta of 0.94.

Institutional Investors Weigh In On MDB Capital

A hedge fund recently bought a new stake in MDB Capital stock. Citadel Advisors LLC purchased a new stake in shares of MDB Capital Holdings, LLC (NASDAQ:MDBH) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 14,884 shares of the company’s stock, valued at approximately $94,000. Citadel Advisors LLC owned about 0.16% of MDB Capital at the end of the most recent quarter. 0.35% of the stock is currently owned by institutional investors.

MDB Capital Company Profile

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.