U-BX Technology Ltd. (NASDAQ:UBXG) Short Interest Up 180.8% in April

U-BX Technology Ltd. (NASDAQ:UBXGGet Free Report) was the recipient of a large growth in short interest in April. As of April 30th, there was short interest totaling 103,830 shares, a growth of 180.8% from the April 15th total of 36,975 shares. Currently, 0.5% of the company’s shares are short sold. Based on an average daily volume of 661,464 shares, the days-to-cover ratio is currently 0.2 days.

U-BX Technology Trading Down 6.7%

Shares of UBXG opened at $0.14 on Friday. U-BX Technology has a fifty-two week low of $0.11 and a fifty-two week high of $4.50. The business’s 50-day moving average is $1.31 and its 200-day moving average is $1.76.

U-BX Technology (NASDAQ:UBXGGet Free Report) last posted its quarterly earnings results on Friday, April 3rd. The company reported ($0.18) EPS for the quarter. The firm had revenue of $5.83 million for the quarter.

Hedge Funds Weigh In On U-BX Technology

An institutional investor recently bought a new position in U-BX Technology stock. XTX Topco Ltd bought a new stake in U-BX Technology Ltd. (NASDAQ:UBXGFree Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 18,453 shares of the company’s stock, valued at approximately $37,000. XTX Topco Ltd owned about 0.08% of U-BX Technology as of its most recent SEC filing.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of U-BX Technology in a research note on Monday, April 20th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, U-BX Technology presently has an average rating of “Sell”.

Check Out Our Latest Analysis on UBXG

About U-BX Technology

(Get Free Report)

U-BX Technology Ltd. focuses on providing value-added services using artificial intelligence-driven technology to businesses in the insurance industry in China. The company offers digital promotion services, risk assessment services, and value-added bundled benefits to property and auto insurance carriers, and insurance brokers. It also provides insurance-related information to individual consumers; and auto maintenance, auto value added, vehicle moving notification, and other services. The company was formerly known as Famingsur Develop Limited and changed its name to U-BX Technology Ltd.

Further Reading

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