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

MDB Capital Holdings, LLC (NASDAQ:MDBH) saw a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 6,000 shares, an increase of 361.5% from the February 13th total of 1,300 shares. Based on an average daily volume of 8,400 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.1% of the company’s shares are sold short.

MDB Capital Stock Up 2.0 %

Shares of MDBH stock traded up $0.13 on Friday, reaching $6.43. 632 shares of the stock were exchanged, compared to its average volume of 6,630. The stock has a market cap of $59.73 million, a P/E ratio of -2.24 and a beta of 0.94. The firm has a 50 day moving average of $6.45 and a two-hundred day moving average of $6.85. MDB Capital has a 1-year low of $5.78 and a 1-year high of $12.00.

Institutional Investors Weigh In On MDB Capital

An institutional investor recently raised its position in MDB Capital stock. Pasadena Private Wealth LLC boosted its holdings in MDB Capital Holdings, LLC (NASDAQ:MDBH) by 13.3% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 85,200 shares of the company’s stock after buying an additional 10,000 shares during the period. Pasadena Private Wealth LLC owned approximately 0.92% of MDB Capital worth $537,000 at the end of the most recent reporting period. Institutional investors 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.