MasterBeef Group (NASDAQ:MB) Short Interest Down 38.7% in August

MasterBeef Group (NASDAQ:MB – Get Free Report) was the recipient of a large drop in short interest in the month of August. As of August 31st, there was short interest totaling 53,200 shares, a drop of 38.7% from the August 15th total of 86,768 shares. Based on an average trading volume of 31,112 shares, the short-interest ratio is presently 1.7 days. Approximately 0.3% of the company’s shares are sold short.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (d)” rating on shares of MasterBeef Group in a research note on Wednesday, July 29th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has an average rating of “Sell”.

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MasterBeef Group Trading Down 2.9%

Shares of MasterBeef Group stock traded down $0.12 during mid-day trading on Thursday, hitting $4.01. 8,742 shares of the stock were exchanged, compared to its average volume of 225,858. MasterBeef Group has a 12 month low of $3.51 and a 12 month high of $19.75. The company has a 50-day simple moving average of $4.57 and a 200 day simple moving average of $5.55. The company has a debt-to-equity ratio of 1.54, a current ratio of 1.55 and a quick ratio of 1.38.

About MasterBeef Group

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MINDBODY, Inc operates a cloud-based business management software and payments platform for the small and medium-sized businesses in the wellness services industry. Its platform enables businesses to run, market, and build scheduling and online booking, performance tracking, staff management, client relationship management, integrated payment processing, retail point-of-sale, purchase tracking, inventory, hardware integration, analytics and reporting, branded Web, mobility, social integration, client acquisition dashboard, security and compliance, and integration with other cloud-based partners for yoga, Pilates, indoor cycling, group and personal training, boutique fitness, salons, spas, and integrative health businesses.

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