Hub Cyber Security Ltd. (NASDAQ:HUBC) Sees Large Increase in Short Interest

Hub Cyber Security Ltd. (NASDAQ:HUBCGet Free Report) saw a significant growth in short interest in May. As of May 15th, there was short interest totaling 1,215,803 shares, a growth of 271.4% from the April 30th total of 327,372 shares. Approximately 108.4% of the company’s stock are short sold. Based on an average trading volume of 39,242,280 shares, the short-interest ratio is currently 0.0 days.

Hedge Funds Weigh In On Hub Cyber Security

A number of hedge funds and other institutional investors have recently bought and sold shares of HUBC. HRT Financial LP bought a new position in shares of Hub Cyber Security during the fourth quarter valued at approximately $28,000. Cresset Asset Management LLC bought a new stake in shares of Hub Cyber Security in the 3rd quarter worth approximately $133,000. Bank of America Corp DE acquired a new position in Hub Cyber Security during the 2nd quarter valued at approximately $266,000. Finally, Goldman Sachs Group Inc. bought a new position in Hub Cyber Security during the 1st quarter worth $65,000. 4.70% of the stock is currently owned by institutional investors and hedge funds.

Hub Cyber Security Stock Up 304.5%

HUBC stock traded up $0.34 during trading on Friday, hitting $0.45. 959,063,212 shares of the company’s stock traded hands, compared to its average volume of 17,311,771. The stock has a fifty day moving average price of $4.01 and a two-hundred day moving average price of $216.33. Hub Cyber Security has a 52 week low of $0.10 and a 52 week high of $3,322.50.

Wall Street Analyst Weigh In

Separately, Wall Street Zen upgraded Hub Cyber Security to a “hold” rating in a research note on Saturday, April 25th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has an average rating of “Sell”.

Read Our Latest Stock Report on Hub Cyber Security

About Hub Cyber Security

(Get Free Report)

HUB Cyber Security Ltd. provides cyber security solutions in Israel and internationally. The company offers HUB Secure File Vault, a super charged managed file transfer backed by dedicated hardware driven security, which creates a secure enclave to protect the organization's data driven workflows; HUB Guard, a recurring security assessment, continuous network, and infrastructure monitoring and analysis, and planned incident response; D.Storm, a powerful SaaS DDoS simulation platform; RAM Commander, a software tool for reliability prediction and analysis, reliability block diagram, Markov chains analysis, maintainability prediction, spares optimization, FMEA/FMECA, testability, fault tree analysis, event tree analysis, and safety assessment; and Safety Commander designs to evaluate the safety of highly integrated systems in a model-based design environment.

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