Short Interest in MDB Capital Holdings, LLC (NASDAQ:MDBH) Increases By 25.0%

MDB Capital Holdings, LLC (NASDAQ:MDBH) saw a large growth in short interest during the month of September. As of September 15th, there was short interest totalling 500 shares, a growth of 25.0% from the August 31st total of 400 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 11,700 shares, the short-interest ratio is presently 0.0 days.

MDB Capital Trading Down 1.2 %

MDBH stock traded down $0.09 during midday trading on Monday, reaching $7.58. 2,915 shares of the company were exchanged, compared to its average volume of 9,266. The business has a 50-day moving average price of $8.90 and a two-hundred day moving average price of $8.73. MDB Capital has a one year low of $7.00 and a one year high of $13.25.

MDB Capital (NASDAQ:MDBH) last posted its quarterly earnings results on Tuesday, August 13th. The company reported ($0.46) EPS for the quarter.

Hedge Funds Weigh In On MDB Capital

An institutional investor recently raised its position in MDB Capital stock. Pasadena Private Wealth LLC increased its position in shares of MDB Capital Holdings, LLC (NASDAQ:MDBH) by 50.0% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 75,000 shares of the company’s stock after buying an additional 25,000 shares during the quarter. Pasadena Private Wealth LLC owned about 0.17% of MDB Capital worth $769,000 at the end of the most recent quarter. 0.35% of the stock is 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.