Kindly MD, Inc. (NASDAQ:KDLY) Short Interest Update

Kindly MD, Inc. (NASDAQ:KDLY) was the recipient of a significant decline in short interest in the month of November. As of November 15th, there was short interest totalling 80,100 shares, a decline of 75.3% from the October 31st total of 324,600 shares. Based on an average trading volume of 350,500 shares, the days-to-cover ratio is presently 0.2 days. Currently, 4.2% of the company’s shares are sold short.

Hedge Funds Weigh In On Kindly MD

Several hedge funds have recently made changes to their positions in the business. Warberg Asset Management LLC purchased a new stake in Kindly MD in the second quarter worth $30,000. Torno Capital LLC bought a new position in Kindly MD in the 2nd quarter worth $57,000. Finally, Townsquare Capital LLC purchased a new stake in shares of Kindly MD in the 3rd quarter worth about $736,000.

Kindly MD Price Performance

NASDAQ:KDLY traded down $0.81 during mid-day trading on Wednesday, reaching $1.08. 3,497,874 shares of the company’s stock traded hands, compared to its average volume of 255,101. The firm’s 50 day moving average is $1.10. Kindly MD has a 12-month low of $0.65 and a 12-month high of $4.20.

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.