MDB Capital Holdings, LLC (NASDAQ:MDBH) Sees Significant Drop in Short Interest

MDB Capital Holdings, LLC (NASDAQ:MDBH) was the recipient of a large decrease in short interest in January. As of January 31st, there was short interest totalling 1,800 shares, a decrease of 53.8% from the January 15th total of 3,900 shares. Based on an average trading volume of 10,600 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the company’s stock are sold short.

Insider Transactions at MDB Capital

In related news, CFO Jeremy William James sold 4,161 shares of the stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $8.21, for a total value of $34,161.81. Following the completion of the transaction, the chief financial officer now directly owns 15,839 shares in the company, valued at $130,038.19. This trade represents a 20.81 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In the last quarter, insiders bought 9,463 shares of company stock valued at $58,491. Corporate insiders own 55.52% of the company’s stock.

Hedge Funds Weigh In On MDB Capital

A hedge fund recently raised its stake in MDB Capital stock. Pasadena Private Wealth LLC grew its position in MDB Capital Holdings, LLC (NASDAQ:MDBH) by 13.3% in the 4th quarter, according to its most recent disclosure with the SEC. The fund 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 as of its most recent SEC filing. Institutional investors and hedge funds own 0.35% of the company’s stock.

MDB Capital Stock Up 1.8 %

Shares of NASDAQ MDBH traded up $0.11 on Thursday, reaching $6.21. 4,605 shares of the company’s stock traded hands, compared to its average volume of 7,559. The business’s 50 day simple moving average is $6.32 and its two-hundred day simple moving average is $7.28. MDB Capital has a 12 month low of $5.78 and a 12 month high of $13.25. The company has a market cap of $57.75 million, a price-to-earnings ratio of -2.16 and a beta of 1.26.

MDB Capital (NASDAQ:MDBH) last posted its quarterly earnings data on Tuesday, November 12th. The company reported ($0.83) earnings per share 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.