Short Interest in Kindly MD, Inc. (NASDAQ:KDLY) Drops By 75.3%

Kindly MD, Inc. (NASDAQ:KDLY) saw a large decline in short interest in 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 short-interest ratio is currently 0.2 days. Approximately 4.2% of the company’s stock are sold short.

Hedge Funds Weigh In On Kindly MD

A number of institutional investors and hedge funds have recently modified their holdings of the company. Townsquare Capital LLC acquired a new stake in Kindly MD in the third quarter valued at $736,000. Torno Capital LLC purchased a new position in shares of Kindly MD in the 2nd quarter valued at about $57,000. Finally, Warberg Asset Management LLC acquired a new stake in shares of Kindly MD during the 2nd quarter worth about $30,000.

Kindly MD Trading Up 8.3 %

Shares of NASDAQ:KDLY traded up $0.09 during trading hours on Friday, reaching $1.17. The stock had a trading volume of 487,690 shares, compared to its average volume of 257,160. Kindly MD has a 1 year low of $0.65 and a 1 year high of $4.20. The business’s 50 day moving average is $1.09.

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.