Fir Tree Capital Management LP recently announced the acquisition of new stake in OneMedNet Corp. (NASDAQ:ONMD). This fresh investment now brings its stake to 0.50% valued currently at $0.13 million. In addition, Sage Rock Capital Management LP raised its holdings by 0.11 million to 0.11 million shares.
Currently, there are 12.09M common shares owned by the public and among those 1.45M shares have been available to trade.
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Insiders at the company have transacted a total of 1 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 0 of these insider trades were purchases, accounting for 0 shares. Insider sales of the common stock occurred on 1 occasions, with total insider shares sold totaling 465,000 shares.
The top 3 mutual fund holders in OneMedNet Corp. are Merger Fund, Blackstone Alternative Multi Stra, and Fidelity Nasdaq Composite Index F. Merger Fund owns 0.22 million shares of the company’s stock, all valued at over $0.18 million. The company sold -0.17 million shares recently to bring their total holdings to about 0.69% of the shares outstanding. Fidelity Nasdaq Composite Index F now owns shares totaling to 0.02% of the shares outstanding.
The company’s stock has a 5-day price change of 210.66% and -78.83% over the past three months. ONMD shares are trading 69.14% year to date (YTD), with the 12-month market performance down to -86.59% lower. It has a 12-month low price of $0.42 and touched a high of $13.51 over the same period. ONMD has an average intraday trading volume of 125.89K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 106.14%, -22.27%, and -83.06% respectively.
Institutional ownership of OneMedNet Corp. (NASDAQ: ONMD) shares accounts for 23.85% of the company’s 12.09M shares outstanding. Mutual fund holders own 0.94%, while other institutional holders and individual stakeholders account for 3.90% and — respectively.
It has a market capitalization of $8.97M and a beta (3y monthly) value of -0.49. The earnings-per-share (ttm) stands at -$0.19. Price movements for the stock have been influenced by the stock’s volatility, which stands at 28.16% over the week and 18.07% over the month.
