MasterBeef Group (NASDAQ:MB) Short Interest Update

MasterBeef Group (NASDAQ:MB) was the target of a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 86,768 shares, a growth of 4,142.9% from the July 30th total of 2,045 shares. Currently, 0.5% of the shares of the stock are short sold. Based on an average daily volume of 3,178,585 shares, the days-to-cover ratio is presently 0.0 days.

MasterBeef Group Trading Up 4.8%

Shares of NASDAQ:MB opened at $4.77 on Wednesday. The company has a debt-to-equity ratio of 1.54, a current ratio of 1.55 and a quick ratio of 1.38. MasterBeef Group has a 12 month low of $3.51 and a 12 month high of $19.75. The stock’s 50 day moving average price is $4.87 and its 200 day moving average price is $5.63.

Institutional Trading of MasterBeef Group

A hedge fund recently raised its stake in MasterBeef Group stock. Citadel Advisors LLC increased its position in MasterBeef Group (NASDAQ:MB) by 27.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 14,612 shares of the technology company’s stock after buying an additional 3,104 shares during the quarter. Citadel Advisors LLC owned about 0.09% of MasterBeef Group worth $125,000 at the end of the most recent reporting period.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of MasterBeef Group in a research report on Wednesday, July 29th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has an average rating of “Sell”.

About MasterBeef Group

MINDBODY, Inc operates a cloud-based business management software and payments platform for the small and medium-sized businesses in the wellness services industry. Its platform enables businesses to run, market, and build scheduling and online booking, performance tracking, staff management, client relationship management, integrated payment processing, retail point-of-sale, purchase tracking, inventory, hardware integration, analytics and reporting, branded Web, mobility, social integration, client acquisition dashboard, security and compliance, and integration with other cloud-based partners for yoga, Pilates, indoor cycling, group and personal training, boutique fitness, salons, spas, and integrative health businesses.