u-blox Holding AG (OTCMKTS:UBLXF) Sees Significant Increase in Short Interest

u-blox Holding AG (OTCMKTS:UBLXF) saw a large increase in short interest in the month of November. As of November 30th, there was short interest totalling 58,900 shares, an increase of 93.1% from the November 15th total of 30,500 shares. Based on an average daily volume of 300 shares, the days-to-cover ratio is presently 196.3 days.

u-blox Stock Performance

Shares of UBLXF stock remained flat at $79.95 during mid-day trading on Friday. The company’s 50-day moving average is $80.53 and its two-hundred day moving average is $92.85. u-blox has a twelve month low of $72.69 and a twelve month high of $122.25.

About u-blox

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.