U-BX Technology Ltd. (NASDAQ:UBXG) Sees Significant Growth in Short Interest

U-BX Technology Ltd. (NASDAQ:UBXG) saw a significant growth in short interest in September. As of September 15th, there was short interest totaling 23,700 shares, a growth of 141.8% from the August 31st total of 9,800 shares. Based on an average daily volume of 285,300 shares, the short-interest ratio is presently 0.1 days. Approximately 0.2% of the shares of the stock are sold short. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 285,300 shares, the short-interest ratio is presently 0.1 days.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on UBXG shares. Wall Street Zen raised U-BX Technology to a “hold” rating in a research note on Friday. Weiss Ratings restated a “sell (e+)” rating on shares of U-BX Technology in a research report on Saturday, September 27th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has an average rating of “Sell”.

U-BX Technology Stock Performance

Shares of NASDAQ UBXG opened at $1.84 on Friday. The firm’s 50 day moving average price is $2.69 and its 200 day moving average price is $3.26. U-BX Technology has a 1 year low of $1.62 and a 1 year high of $10.72.

About U-BX Technology

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.