OneMedNet Co. (NASDAQ:ONMDW) Sees Large Increase in Short Interest

OneMedNet Co. (NASDAQ:ONMDW) was the recipient of a large growth in short interest in the month of December. As of December 15th, there was short interest totaling 27,727 shares, a growth of 29.3% from the November 30th total of 21,448 shares. Based on an average trading volume of 23,309 shares, the days-to-cover ratio is currently 1.2 days. Based on an average trading volume of 23,309 shares, the days-to-cover ratio is currently 1.2 days.

OneMedNet Price Performance

OneMedNet stock opened at $0.14 on Wednesday. OneMedNet has a fifty-two week low of $0.02 and a fifty-two week high of $0.24. The firm has a fifty day moving average price of $0.14 and a two-hundred day moving average price of $0.08.

OneMedNet Company Profile

OneMedNet Inc is a special purpose acquisition company incorporated as an exempted company under the laws of the Cayman Islands in March 2021. The company was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, or similar business combination with one or more businesses, initially focusing on opportunities in the healthcare and medical technology sectors.

OneMedNet’s units and public securities are listed on the Nasdaq, with its warrants trading under the ticker ONMDW.