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

MDB Capital Holdings, LLC (NASDAQ:MDBH) saw a significant decrease in short interest during the month of November. As of November 15th, there was short interest totalling 800 shares, a decrease of 42.9% from the October 31st total of 1,400 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 7,300 shares, the days-to-cover ratio is currently 0.1 days.

MDB Capital Stock Performance

NASDAQ:MDBH traded down $0.59 during mid-day trading on Thursday, hitting $7.64. 13,139 shares of the stock were exchanged, compared to its average volume of 9,104. The firm’s 50-day simple moving average is $7.03 and its 200 day simple moving average is $8.03. The stock has a market capitalization of $71.05 million, a price-to-earnings ratio of -2.66 and a beta of 0.88. MDB Capital has a fifty-two week low of $5.78 and a fifty-two week high of $13.25.

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.