Now Is The Time To Build A Position In OneMedNet Corp (NASDAQ:ONMD)

In the latest trading session, 1.6 million OneMedNet Corp (NASDAQ:ONMD) shares changed hands as the company’s beta touched 0.62. With the company’s most recent per share price at $0.89 changed hands at -$0.05 or -5.32% at last look, the market valuation stands at $25.87M. ONMD’s current price is a discount, trading about -397.75% off its 52-week high of $4.43. The share price had its 52-week low at $0.42, which suggests the last value was 52.81% up since then. When we look at OneMedNet Corp’s average trading volume, we note the 10-day average is 0.1 million shares, with the 3-month average coming to 224.95K.

OneMedNet Corp (NASDAQ:ONMD) trade information

Instantly ONMD was in red as seen in intraday trades today. With action 0.58%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 9.88%, with the 5-day performance at 0.58% in the green. However, in the 30-day time frame, OneMedNet Corp (NASDAQ:ONMD) is 3.61% up. Looking at the short shares, we see there were 0.28 million shares sold at short interest cover period of 0.66 days.

OneMedNet Corp (NASDAQ:ONMD)’s Major holders

Among Mutual Funds, the top two as of Jun 30, 2024 were Vanguard Extended Market Index Fund and Fidelity Total Market Index Fund. With 44.5 shares estimated at $40940.0 under it, the former controlled 0.16% of total outstanding shares. On the other hand, Fidelity Total Market Index Fund held about 0.14% of the shares, roughly 40.31 shares worth around $37083.0.