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

Kindly MD, Inc. (NASDAQ:KDLY) was the recipient of a large drop in short interest during the month of November. As of November 15th, there was short interest totalling 80,100 shares, a drop of 75.3% from the October 31st total of 324,600 shares. Based on an average daily volume of 350,500 shares, the short-interest ratio is currently 0.2 days. Currently, 4.2% of the company’s shares are short sold.

Institutional Investors Weigh In On Kindly MD

A number of institutional investors have recently modified their holdings of the company. Warberg Asset Management LLC acquired a new position in shares of Kindly MD in the second quarter valued at approximately $30,000. Torno Capital LLC acquired a new stake in Kindly MD during the 2nd quarter worth approximately $57,000. Finally, Townsquare Capital LLC purchased a new position in Kindly MD in the 3rd quarter valued at approximately $736,000.

Kindly MD Stock Up 8.3 %

NASDAQ KDLY traded up $0.09 on Friday, reaching $1.17. The stock had a trading volume of 487,690 shares, compared to its average volume of 257,160. The company’s fifty day moving average price is $1.09. Kindly MD has a 12-month low of $0.65 and a 12-month high of $4.20.

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.