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

MDB Capital Holdings, LLC (NASDAQ:MDBH) saw a large growth in short interest in 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. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 11,700 shares, the days-to-cover ratio is currently 0.0 days.

MDB Capital Price Performance

NASDAQ MDBH traded down $0.16 during trading on Monday, reaching $7.51. The company’s stock had a trading volume of 2,915 shares, compared to its average volume of 9,266. The business has a 50-day moving average price of $8.84 and a 200-day moving average price of $8.72. MDB Capital has a 1-year low of $7.00 and a 1-year high of $13.25.

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

Institutional Trading of MDB Capital

A hedge fund recently raised its stake in MDB Capital stock. Pasadena Private Wealth LLC grew its position in shares of MDB Capital Holdings, LLC (NASDAQ:MDBH) by 50.0% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 75,000 shares of the company’s stock after purchasing an additional 25,000 shares during the quarter. Pasadena Private Wealth LLC owned approximately 0.17% of MDB Capital worth $769,000 as of its most recent SEC filing. Institutional investors and hedge funds own 0.35% of the company’s stock.

About MDB Capital

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.