U-BX Technology Ltd. (NASDAQ:MF) Stock Short Interest Report for October

U-BX Technology Ltd. (NASDAQ:MF – Get Free Report) was the target of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 2,071 shares, a decrease of 81.9% from the September 30th total of 11,424 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 92,327 shares, the days-to-cover ratio is currently 0.0 days.

U-BX Technology Stock Down 16.8%

NASDAQ MF traded down $1.76 during mid-day trading on Tuesday, reaching $8.71. 65,045 shares of the stock were exchanged, compared to its average volume of 453,222. U-BX Technology has a 1-year low of $2.12 and a 1-year high of $83.50. The business’s fifty day simple moving average is $13.05 and its 200 day simple moving average is $27.53.

U-BX Technology (NASDAQ:MF – Get Free Report) last posted its quarterly earnings data on Monday, October 26th. The company reported ($10.15) earnings per share (EPS) for the quarter. The firm had revenue of $1.60 million during the quarter.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the company. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of U-BX Technology in a research note on Thursday, October 15th. Wall Street Zen upgraded U-BX Technology from a “strong sell” rating to a “sell” rating in a research report on Tuesday, August 18th. One equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat, U-BX Technology has an average rating of “Sell”.

Read Our Latest Stock Analysis on U-BX Technology

U-BX Technology Company Profile

(Get Free Report)

U-BX Technology is a China-based insurance technology company that develops and operates an artificial intelligence-powered platform for the insurance industry. The company’s technology is designed to connect insurance providers, brokers, agents and customers through digital tools and data-driven services.

Its business activities include providing insurance-related products and services, with offerings reported to include auto insurance, health insurance and life insurance. The platform is intended to support the distribution and management of insurance products while helping industry participants improve customer engagement and operating efficiency.

U-BX Technology was established in 2015 and is based in Hangzhou, China.

Further Reading

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