Short Interest in Kindly MD, Inc. (NASDAQ:KDLY) Grows By 1,222.6%

Kindly MD, Inc. (NASDAQ:KDLY) saw a large growth in short interest during the month of February. As of February 15th, there was short interest totalling 638,800 shares, a growth of 1,222.6% from the January 31st total of 48,300 shares. Currently, 33.1% of the shares of the stock are short sold. Based on an average daily volume of 4,370,000 shares, the days-to-cover ratio is currently 0.1 days.

Kindly MD Trading Down 10.6 %

NASDAQ:KDLY opened at $1.68 on Friday. The firm’s 50 day simple moving average is $1.63 and its 200 day simple moving average is $1.37. Kindly MD has a one year low of $0.65 and a one year high of $5.25.

Institutional Investors Weigh In On Kindly MD

Several hedge funds have recently added to or reduced their stakes in KDLY. Townsquare Capital LLC acquired a new stake in Kindly MD during the 3rd quarter worth approximately $736,000. Cetera Investment Advisers acquired a new stake in Kindly MD during the 4th quarter worth approximately $93,000. Finally, Ground Swell Capital LLC acquired a new stake in Kindly MD during the 4th quarter worth approximately $28,000.

Kindly MD Company Profile

Kindly MD, Inc provides healthcare services. Its services include medication management, behavioral healthcare and alternative treatments. The firm offers evaluation and management, including chronic pain, functional medicine, cognitive behavioral therapy, trauma and addiction therapy, recovery support services, overdose education efforts, peer support, limited urgent care, preventative medicine, travel services, and hormone therapy.