Mind Medicine Inc (NASDAQ:MNMD)’s traded shares stood at 0.6 million during the last session, with the company’s beta value hitting 2.82. At the close of trading, the stock’s price was $5.43, to imply an increase of 5.64% or $0.29 in intraday trading. The MNMD share’s 52-week high remains $10.94, putting it -101.47% down since that peak but still an impressive 13.44% since price per share fell to its 52-week low of $4.70. The company has a valuation of $409.25M, with an average of 1.61 million shares in intraday trading volume over the past 10 days and average of 2.00 million shares over the past 3 months.
Mind Medicine Inc (NASDAQ:MNMD) trade information
After registering a 5.64% upside in the last session, Mind Medicine Inc (MNMD) has traded red over the past five days. The 5-day price performance for the stock is 0.00%, and -13.95% over 30 days. With these gigs, the year-to-date price performance is -21.98%. Short interest in Mind Medicine Inc (NASDAQ:MNMD) saw shorts transact 11.37 million shares and set a 4.92 days time to cover.
The extremes give us $16 and $16 for target low and target high price respectively. As such, MNMD has been trading -194.66% off suggested target high and -194.66% from its likely low.
MNMD Dividends
Mind Medicine Inc has its next earnings report out on 2025-Mar-05. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Mind Medicine Inc (NASDAQ:MNMD)’s Major holders
Mind Medicine Inc insiders hold 1.49% of total outstanding shares, with institutional holders owning 55.79% of the shares at 56.64% float percentage. In total, 55.79% institutions holds shares in the company, led by COMMODORE CAPITAL LP. As of 2024-06-30, the company held over 7.15 million shares (or 9.9369% of shares), all amounting to roughly $51.52 million.
The next major institution holding the largest number of shares is DEEP TRACK CAPITAL, LP with 6.1 million shares, or about 8.4879% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $44.01 million.
We also have iShares Trust-iShares Russell 2000 ETF and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund as the top two Mutual Funds with the largest holdings of the Mind Medicine Inc (MNMD) shares. Going by data provided on Feb 28, 2025 , iShares Trust-iShares Russell 2000 ETF holds roughly 2.09 shares. This is just over 2.77% of the total shares, with a market valuation of $11.33 million. Data from the same date shows that the other fund manager holds a little less at 988.95, or 1.31% of the shares, all valued at about 5.37 million.
