Short Interest in Kindly MD, Inc. (NASDAQ:KDLY) Rises By 190.9%

Kindly MD, Inc. (NASDAQ:KDLY) saw a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 324,600 shares, a growth of 190.9% from the October 15th total of 111,600 shares. Currently, 17.1% of the company’s shares are sold short. Based on an average trading volume of 243,200 shares, the days-to-cover ratio is currently 1.3 days.

Kindly MD Stock Performance

KDLY opened at $0.92 on Friday. The company has a fifty day moving average of $1.13. Kindly MD has a 12-month low of $0.78 and a 12-month high of $4.20.

Kindly MD (NASDAQ:KDLY) last posted its quarterly earnings results on Tuesday, August 13th. The company reported ($0.26) EPS for the quarter. The firm had revenue of $0.64 million for the quarter.

Hedge Funds Weigh In On Kindly MD

A number of large investors have recently bought and sold shares of the business. Townsquare Capital LLC bought a new position in shares of Kindly MD during the third quarter worth about $736,000. Torno Capital LLC bought a new stake in Kindly MD in the 2nd quarter valued at about $57,000. Finally, Warberg Asset Management LLC acquired a new position in Kindly MD during the 2nd quarter valued at about $30,000.

Kindly MD Company Profile

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.