U-BX Technology Ltd. (NASDAQ:UBXG) Sees Large Growth in Short Interest

U-BX Technology Ltd. (NASDAQ:UBXG) saw a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 84,400 shares, a growth of 77.7% from the December 15th total of 47,500 shares. Based on an average daily volume of 145,300 shares, the short-interest ratio is presently 0.6 days. Currently, 15.7% of the company’s stock are short sold.

U-BX Technology Stock Performance

UBXG traded down $0.11 on Thursday, hitting $3.27. 1,613 shares of the company were exchanged, compared to its average volume of 25,565. U-BX Technology has a 12 month low of $3.00 and a 12 month high of $567.04. The stock’s fifty day moving average is $3.98 and its 200-day moving average is $55.69.

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.