Kindly MD, Inc. (NASDAQ:KDLY) Short Interest Up 109.8% in October

Kindly MD, Inc. (NASDAQ:KDLY) was the target of a large increase in short interest during the month of October. As of October 15th, there was short interest totalling 111,600 shares, an increase of 109.8% from the September 30th total of 53,200 shares. Approximately 5.8% of the shares of the stock are short sold. Based on an average daily volume of 161,800 shares, the days-to-cover ratio is presently 0.7 days.

Kindly MD Price Performance

Shares of NASDAQ:KDLY traded down $0.09 during trading on Monday, hitting $0.93. 139,115 shares of the company’s stock were exchanged, compared to its average volume of 123,604. Kindly MD has a 1-year low of $0.88 and a 1-year high of $4.20. The company’s 50-day moving average is $1.28.

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

Hedge Funds Weigh In On Kindly MD

A hedge fund recently bought a new stake in Kindly MD stock. Warberg Asset Management LLC acquired a new stake in shares of Kindly MD, Inc. (NASDAQ:KDLY) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 11,000 shares of the company’s stock, valued at approximately $30,000. Warberg Asset Management LLC owned about 0.19% of Kindly MD at the end of the most recent quarter.

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.