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

Kindly MD, Inc. (NASDAQ:KDLY) was the recipient of a significant decline in short interest in December. As of December 15th, there was short interest totalling 166,000 shares, a decline of 19.1% from the November 30th total of 205,200 shares. Approximately 8.6% of the company’s stock are short sold. Based on an average daily volume of 533,600 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Warberg Asset Management LLC bought a new stake in shares of Kindly MD in the 2nd quarter valued at approximately $30,000. Torno Capital LLC acquired a new stake in Kindly MD in the second quarter valued at approximately $57,000. Finally, Townsquare Capital LLC bought a new stake in Kindly MD in the third quarter worth approximately $736,000.

Kindly MD Price Performance

Shares of NASDAQ:KDLY traded up $0.17 during midday trading on Monday, hitting $1.32. 298,565 shares of the stock were exchanged, compared to its average volume of 287,894. Kindly MD has a 52-week low of $0.65 and a 52-week high of $4.20. The business’s fifty day simple moving average is $1.13 and its two-hundred day simple moving average is $1.57.

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.