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

EUDA Health Holdings Limited (NASDAQ:EUDA) saw a significant increase in short interest in February. As of February 28th, there was short interest totalling 11,000 shares, an increase of 44.7% from the February 13th total of 7,600 shares. Based on an average daily volume of 105,000 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the shares of the company are sold short.

EUDA Health Price Performance

Shares of NASDAQ EUDA opened at $3.75 on Friday. EUDA Health has a 52 week low of $1.45 and a 52 week high of $6.30. The business’s 50-day simple moving average is $3.90 and its 200-day simple moving average is $4.15.

Analysts Set New Price Targets

Separately, Greenridge Global raised shares of EUDA Health to a “strong-buy” rating in a research note on Monday, December 23rd.

Hedge Funds Weigh In On EUDA Health

An institutional investor recently bought a new position in EUDA Health stock. XTX Topco Ltd bought a new position in shares of EUDA Health Holdings Limited (NASDAQ:EUDA) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 16,463 shares of the company’s stock, valued at approximately $75,000. XTX Topco Ltd owned 0.07% of EUDA Health as of its most recent filing with the Securities and Exchange Commission. 4.35% of the stock is owned by hedge funds and other institutional investors.

EUDA Health Company Profile

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.