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

Kindly MD, Inc. (NASDAQ:KDLY) saw a significant growth in short interest in February. As of February 15th, there was short interest totalling 638,800 shares, a growth of 1,222.6% from the January 31st total of 48,300 shares. Based on an average trading volume of 4,370,000 shares, the short-interest ratio is presently 0.1 days. Currently, 33.1% of the company’s stock are sold short.

Institutional Investors Weigh In On Kindly MD

Several large investors have recently bought and sold shares of KDLY. Ground Swell Capital LLC bought a new stake in shares of Kindly MD in the fourth quarter worth approximately $28,000. Cetera Investment Advisers purchased a new position in shares of Kindly MD in the 4th quarter worth $93,000. Finally, Townsquare Capital LLC bought a new stake in shares of Kindly MD in the third quarter worth $736,000.

Kindly MD Stock Performance

KDLY traded up $0.01 during trading on Thursday, hitting $1.93. 69,874 shares of the company’s stock traded hands, compared to its average volume of 6,914,818. The company’s 50 day simple moving average is $1.60 and its two-hundred day simple moving average is $1.36. Kindly MD has a 12-month low of $0.65 and a 12-month high of $5.25.

About Kindly MD

Kindly MD, Inc provides healthcare services. Its services include medication management, behavioral healthcare and alternative treatments. The firm offers evaluation and management, including chronic pain, functional medicine, cognitive behavioral therapy, trauma and addiction therapy, recovery support services, overdose education efforts, peer support, limited urgent care, preventative medicine, travel services, and hormone therapy.