Hub Cyber Security Ltd. (NASDAQ:HUBC) Short Interest Update

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

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Bank of America Corp DE bought a new position in Hub Cyber Security in the second quarter valued at $266,000. HRT Financial LP bought a new position in Hub Cyber Security in the fourth quarter valued at $28,000. Cresset Asset Management LLC bought a new position in Hub Cyber Security in the third quarter valued at $133,000. Finally, Goldman Sachs Group Inc. bought a new position in Hub Cyber Security in the first quarter valued at $65,000. Institutional investors own 4.70% of the company’s stock.

Hub Cyber Security Stock Up 137.4%

HUBC traded up $0.15 during trading on Friday, reaching $0.26. The stock had a trading volume of 1,348,806,614 shares, compared to its average volume of 42,950,568. Hub Cyber Security has a one year low of $0.10 and a one year high of $3,322.50. The business has a 50-day moving average of $3.71 and a 200-day moving average of $214.82.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen upgraded shares of 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, Based on data from MarketBeat.com, the company currently has an average rating of “Sell”.

About Hub Cyber Security

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.