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

U-BX Technology Ltd. (NASDAQ:UBXG) was the target of a large growth in short interest in November. As of November 30th, there was short interest totalling 86,300 shares, a growth of 387.6% from the November 15th total of 17,700 shares. Based on an average trading volume of 60,400 shares, the days-to-cover ratio is presently 1.4 days. Approximately 0.5% of the company’s stock are short sold.

U-BX Technology Price Performance

NASDAQ UBXG traded down $0.04 on Friday, reaching $3.30. The company had a trading volume of 27,265 shares, compared to its average volume of 75,078. The company’s fifty day moving average is $5.45 and its 200-day moving average is $79.12. U-BX Technology has a 1-year low of $3.04 and a 1-year high of $567.04.

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.