Kindly MD, Inc. $KDLY Shares Bought by Cetera Investment Advisers

Key Points

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Cetera Investment Advisers grew its stake in Kindly MD, Inc. (NASDAQ:KDLY - Free Report) by 206.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 230,794 shares of the company's stock after acquiring an additional 155,425 shares during the period. Cetera Investment Advisers owned 3.83% of Kindly MD worth $372,000 at the end of the most recent reporting period.

Separately, Ground Swell Capital LLC bought a new position in shares of Kindly MD during the fourth quarter valued at approximately $28,000.

Kindly MD Stock Down 4.7%

Shares of NASDAQ KDLY traded down $0.50 during midday trading on Friday, reaching $10.13. 471,799 shares of the company's stock traded hands, compared to its average volume of 2,293,123. The stock's 50 day simple moving average is $11.87 and its 200-day simple moving average is $8.15. Kindly MD, Inc. has a one year low of $0.65 and a one year high of $34.77. The company has a market cap of $61.00 million and a price-to-earnings ratio of -13.16.

Kindly MD Company Profile

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.