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

U-BX Technology Ltd. (NASDAQ:UBXG) was the target of a significant drop in short interest in May. As of May 29th, there was short interest totaling 11,311 shares, a drop of 98.8% from the May 14th total of 931,234 shares. Approximately 0.7% of the company’s stock are sold short. Based on an average daily trading volume, of 81,996 shares, the days-to-cover ratio is currently 0.1 days.

U-BX Technology Stock Performance

Shares of UBXG opened at $3.10 on Wednesday. U-BX Technology has a 12 month low of $2.75 and a 12 month high of $112.50. The firm has a fifty day simple moving average of $18.27 and a 200 day simple moving average of $37.36.

U-BX Technology (NASDAQ:UBXG) last issued its quarterly earnings results on Friday, April 3rd. The company reported ($4.50) EPS for the quarter. The business had revenue of $5.83 million for the quarter.

Institutional Trading of U-BX Technology

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

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of U-BX Technology in a research note on Monday, April 20th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has a consensus rating of “Sell”.

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.