Kindly MD, Inc. (NASDAQ:KDLY) Short Interest Up 156.2% in November

Kindly MD, Inc. (NASDAQ:KDLY) was the target of a significant growth in short interest in November. As of November 30th, there was short interest totalling 205,200 shares, a growth of 156.2% from the November 15th total of 80,100 shares. Based on an average daily trading volume, of 522,600 shares, the days-to-cover ratio is presently 0.4 days. Currently, 10.7% of the company’s stock are sold short.

Institutional Investors Weigh In On Kindly MD

Several institutional investors have recently bought and sold shares of KDLY. Warberg Asset Management LLC bought a new position in Kindly MD in the 2nd quarter valued at $30,000. Torno Capital LLC bought a new position in Kindly MD in the 2nd quarter valued at $57,000. Finally, Townsquare Capital LLC bought a new position in Kindly MD in the 3rd quarter valued at $736,000.

Kindly MD Stock Down 1.5 %

Shares of Kindly MD stock opened at $1.30 on Friday. The stock’s fifty day moving average is $1.16. Kindly MD has a 12-month low of $0.65 and a 12-month high of $4.20.

About Kindly MD

KindlyMD Inc is a patient-first healthcare and healthcare data company uniquely integrating traditional primary care and pain management strategies with integrated behavioral and alternative therapies, including the recommendation of medical cannabis in patient treatment plans in compliance with a legalized state medical cannabis regulatory scheme.