U-BX Technology Ltd. (NASDAQ:UBXG – Get 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:UBXG – Get 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
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
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.
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