EUDA Health Holdings Limited (NASDAQ:EUDA) Sees Significant Growth in Short Interest

Key Points

• EUDA Health Holdings Limited experienced a significant increase in short interest of 72.8% for September, with total short interest reaching 99,200 shares.
• As of the latest trading day, EUDA Health's stock fell by 6.8% to $3.15, with a trading volume of 57,733 shares.
• Current analyst ratings indicate a mixed outlook for the stock, with a "sell" rating from Weiss Ratings, while the average rating remains a "Moderate Buy."

EUDA Health Holdings Limited (NASDAQ:EUDA - Get Free Report) saw a large increase in short interest in September. As of September 30th, there was short interest totaling 99,200 shares, an increase of 72.8% from the September 15th total of 57,400 shares. Currently, 0.5% of the company's stock are sold short. Based on an average trading volume of 115,400 shares, the short-interest ratio is presently 0.9 days. Based on an average trading volume of 115,400 shares, the short-interest ratio is presently 0.9 days. Currently, 0.5% of the company's stock are sold short.

EUDA Health Trading Down 6.8%

Shares of EUDA Health stock traded down $0.23 during trading hours on Tuesday, reaching $3.15. The company's stock had a trading volume of 57,733 shares, compared to its average volume of 102,697. The company's 50 day simple moving average is $2.11 and its 200 day simple moving average is $3.04. EUDA Health has a one year low of $1.03 and a one year high of $6.30.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a "sell (d)" rating on shares of EUDA Health in a report on Tuesday, October 14th. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy".

About EUDA Health

EUDA Health Holdings Limited operates as a healthcare specialty company. The company operates through two segments, Medical Services and Property Management Services. It offers a range of specialty care services to patients; and operates medical facility general practice clinic that provides holistic care for various illnesses.

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