U-BX Technology Ltd. (NASDAQ:UBXG) Short Interest Update

U-BX Technology Ltd. (NASDAQ:UBXG) was the recipient of a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 50,919 shares, a drop of 78.6% from the June 15th total of 237,843 shares. Currently, 3.0% of the shares of the company are sold short. Based on an average daily volume of 1,288,826 shares, the short-interest ratio is presently 0.0 days.

Analyst Ratings Changes

Several research firms have issued reports on UBXG. Wall Street Zen cut U-BX Technology to a “strong sell” rating in a research report on Saturday, June 20th. Weiss Ratings reissued a “sell (e+)” rating on shares of U-BX Technology in a research note on Monday, April 20th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has an average rating of “Sell”.

U-BX Technology Price Performance

Shares of NASDAQ UBXG traded up $1.05 during trading on Monday, hitting $6.30. 439,655 shares of the company were exchanged, compared to its average volume of 510,254. U-BX Technology has a 1 year low of $2.12 and a 1 year high of $112.50. The firm’s fifty day moving average price is $5.42 and its 200 day moving average price is $29.83.

Institutional Trading of U-BX Technology

A hedge fund recently bought a new stake in U-BX Technology stock. XTX Topco Ltd bought a new position in shares of U-BX Technology Ltd. (NASDAQ:UBXG) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 18,453 shares of the company’s stock, valued at approximately $37,000. XTX Topco Ltd owned 0.08% of U-BX Technology at the end of the most recent quarter.

U-BX Technology Company Profile

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.