Short Interest in u-blox Holding AG (OTCMKTS:UBLXF) Decreases By 51.6%

u-blox Holding AG (OTCMKTS:UBLXF) was the recipient of a large drop in short interest in the month of December. As of December 31st, there was short interest totalling 28,200 shares, a drop of 51.6% from the December 15th total of 58,300 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 282.0 days.

u-blox Price Performance

Shares of OTCMKTS UBLXF remained flat at $80.00 during midday trading on Wednesday. The company’s 50 day moving average is $79.15 and its 200 day moving average is $88.10. u-blox has a 12-month low of $72.69 and a 12-month high of $112.00.

u-blox Company Profile

u-blox Holding AG develops, manufactures, and markets products and services supporting GPS/GNSS satellite positioning systems for the automotive, industrial, and consumer markets in Europe, the Middle East, Africa, the United States, and the Asia Pacific. It operates through two segments, Positioning and Wireless Products, and Wireless Services.