U-BX Technology Ltd. (NASDAQ:MF – Get Free Report) saw a significant decline in short interest in the month of August. As of August 14th, there was short interest totaling 17,494 shares, a decline of 78.5% from the July 30th total of 81,333 shares. Approximately 1.2% of the company’s shares are sold short. Based on an average trading volume of 534,643 shares, the days-to-cover ratio is currently 0.0 days.
U-BX Technology Stock Up 2.0%
NASDAQ:MF opened at $17.86 on Wednesday. U-BX Technology has a 12 month low of $2.12 and a 12 month high of $93.50. The company has a 50-day moving average price of $6.20 and a 200-day moving average price of $28.05.
Analyst Upgrades and Downgrades
A number of research firms have issued reports on MF. Weiss Ratings restated a “sell (e+)” rating on shares of U-BX Technology in a report on Friday, July 17th. Wall Street Zen upgraded shares of U-BX Technology from a “strong sell” rating to a “sell” rating in a report on Tuesday, August 18th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has a consensus rating of “Sell”.
Institutional Trading of U-BX Technology
A hedge fund recently bought a new stake in U-BX Technology stock. XTX Topco Ltd acquired a new position in U-BX Technology Ltd. (NASDAQ:MF – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 18,453 shares of the company’s stock, valued at approximately $37,000. XTX Topco Ltd owned 0.08% of U-BX Technology as of its most recent SEC filing.
About U-BX Technology
U-BX Technology is an insurance technology company that uses artificial intelligence, data analytics and software tools to support participants in the insurance industry. Its business is focused on helping insurance companies, brokers and agents improve customer acquisition, risk assessment, policy administration and other parts of the insurance distribution process.
The company provides technology-enabled insurance solutions and insurance brokerage services. Its platform is designed to connect insurance-related businesses with customers and to support the development, marketing and servicing of insurance products.
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