Kindly MD, Inc. (NASDAQ:KDLY) Sees Significant Growth in Short Interest

Kindly MD, Inc. (NASDAQ:KDLY) was the target of a large increase in short interest during the month of November. As of November 30th, there was short interest totalling 205,200 shares, an increase of 156.2% from the November 15th total of 80,100 shares. Currently, 10.7% of the company’s shares are short sold. Based on an average daily volume of 522,600 shares, the short-interest ratio is presently 0.4 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of KDLY. Warberg Asset Management LLC acquired a new position in shares of Kindly MD during the second quarter valued at about $30,000. Torno Capital LLC bought a new stake in Kindly MD in the 2nd quarter valued at about $57,000. Finally, Townsquare Capital LLC acquired a new position in Kindly MD during the 3rd quarter worth approximately $736,000.

Kindly MD Stock Down 1.5 %

Shares of NASDAQ KDLY opened at $1.30 on Friday. Kindly MD has a twelve month low of $0.65 and a twelve month high of $4.20. The business’s fifty day moving average price is $1.16.

About Kindly MD

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.