Kindly MD, Inc. (NASDAQ:KDLY) Sees Large Increase in Short Interest

Kindly MD, Inc. (NASDAQ:KDLY) was the recipient of a significant growth in short interest in 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 short-interest ratio is currently 1.3 days.

Kindly MD Stock Up 11.5 %

Shares of NASDAQ:KDLY opened at $0.92 on Friday. Kindly MD has a 52 week low of $0.78 and a 52 week high of $4.20. The business has a 50 day simple moving average of $1.13.

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

Hedge Funds Weigh In On Kindly MD

A number of large investors have recently made changes to their positions in KDLY. Warberg Asset Management LLC purchased a new stake in shares of Kindly MD during the second quarter valued at $30,000. Torno Capital LLC purchased a new stake in shares of Kindly MD during the second quarter valued at $57,000. Finally, Townsquare Capital LLC purchased a new stake in shares of Kindly MD during the third quarter valued at $736,000.

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.