MDB Capital Holdings, LLC (NASDAQ:MDBH) Short Interest Update

MDB Capital Holdings, LLC (NASDAQ:MDBH) was the target of a large decline in short interest in July. As of July 31st, there was short interest totaling 2,000 shares, adeclineof35.5% from the July 15th total of 3,100 shares. Based on an average daily volume of 4,400 shares, the days-to-cover ratio is currently 0.5 days. Approximately0.1% of the shares of the company are sold short. Approximately0.1% of the shares of the company are sold short. Based on an average daily volume of 4,400 shares, the days-to-cover ratio is currently 0.5 days.

Hedge Funds Weigh In On MDB Capital

A hedge fund recently bought a new stake in MDB Capital stock. Raymond James Financial Inc. bought a new stake in MDB Capital Holdings, LLC (NASDAQ:MDBH) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 6,100 shares of the company’s stock, valued at approximately $27,000. Raymond James Financial Inc. owned approximately 0.07% of MDB Capital at the end of the most recent quarter. Hedge funds and other institutional investors own 0.35% of the company’s stock.

MDB Capital Stock Down 1.5%

Shares of MDB Capital stock opened at $3.23 on Thursday. MDB Capital has a twelve month low of $3.19 and a twelve month high of $9.68. The company has a 50-day simple moving average of $4.24 and a two-hundred day simple moving average of $4.98. The stock has a market capitalization of $30.04 million, a price-to-earnings ratio of 5.77 and a beta of 1.05.

MDB Capital (NASDAQ:MDBH) last issued its earnings results on Thursday, August 14th. The company reported ($0.83) EPS for the quarter.

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.