Hub Cyber Security Ltd. (NASDAQ:HUBC) Short Interest Up 271.4% in May

Hub Cyber Security Ltd. (NASDAQ:HUBC) was the target of a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 1,215,803 shares, an increase of 271.4% from the April 30th total of 327,372 shares. Approximately 108.4% of the company’s shares are sold short. Based on an average daily trading volume, of 39,242,280 shares, the short-interest ratio is currently 0.0 days.

Wall Street Analyst Weigh In

Separately, Wall Street Zen raised Hub Cyber Security to a “hold” rating in a research report on Saturday, April 25th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has an average rating of “Sell”.

Institutional Trading of Hub Cyber Security

Several large investors have recently bought and sold shares of the company. HRT Financial LP purchased a new stake in shares of Hub Cyber Security during the fourth quarter valued at approximately $28,000. Goldman Sachs Group Inc. purchased a new position in shares of Hub Cyber Security in the first quarter valued at $65,000. Cresset Asset Management LLC acquired a new stake in Hub Cyber Security during the 3rd quarter valued at $133,000. Finally, Bank of America Corp DE acquired a new stake in Hub Cyber Security during the 2nd quarter valued at $266,000. Institutional investors and hedge funds own 4.70% of the company’s stock.

Hub Cyber Security Price Performance

Shares of HUBC stock traded up $0.34 during trading hours on Friday, reaching $0.45. The company had a trading volume of 959,063,212 shares, compared to its average volume of 17,311,771. Hub Cyber Security has a twelve month low of $0.10 and a twelve month high of $3,322.50. The stock’s fifty day simple moving average is $4.01 and its 200 day simple moving average is $216.33.

Hub Cyber Security Company Profile

HUB Cyber Security Ltd. provides cyber security solutions in Israel and internationally. The company offers HUB Secure File Vault, a super charged managed file transfer backed by dedicated hardware driven security, which creates a secure enclave to protect the organization's data driven workflows; HUB Guard, a recurring security assessment, continuous network, and infrastructure monitoring and analysis, and planned incident response; D.Storm, a powerful SaaS DDoS simulation platform; RAM Commander, a software tool for reliability prediction and analysis, reliability block diagram, Markov chains analysis, maintainability prediction, spares optimization, FMEA/FMECA, testability, fault tree analysis, event tree analysis, and safety assessment; and Safety Commander designs to evaluate the safety of highly integrated systems in a model-based design environment.