Short Interest in HUB Cyber Security Ltd. (NASDAQ:HUBC) Drops By 83.4%

HUB Cyber Security Ltd. (NASDAQ:HUBC) was the target of a significant drop in short interest in March. As of March 31st, there was short interest totalling 369,200 shares, a drop of 83.4% from the March 15th total of 2,230,000 shares. Based on an average trading volume of 276,000 shares, the short-interest ratio is presently 1.3 days. Approximately 1.2% of the company’s stock are sold short.

Institutional Trading of HUB Cyber Security

A number of large investors have recently made changes to their positions in the company. Geode Capital Management LLC grew its holdings in HUB Cyber Security by 42.1% during the 4th quarter. Geode Capital Management LLC now owns 37,399 shares of the company’s stock worth $26,000 after acquiring an additional 11,080 shares in the last quarter. XTX Topco Ltd acquired a new position in shares of HUB Cyber Security during the third quarter worth $29,000. Private Advisor Group LLC purchased a new position in HUB Cyber Security in the fourth quarter valued at $37,000. Finally, Cantor Fitzgerald L. P. raised its stake in HUB Cyber Security by 111.2% in the fourth quarter. Cantor Fitzgerald L. P. now owns 1,405,007 shares of the company’s stock valued at $969,000 after buying an additional 739,864 shares in the last quarter. 4.70% of the stock is currently owned by hedge funds and other institutional investors.

HUB Cyber Security Trading Up 3.7 %

HUBC traded up $0.11 on Monday, hitting $3.05. 276,484 shares of the company were exchanged, compared to its average volume of 280,340. The firm has a 50-day moving average price of $5.83 and a two-hundred day moving average price of $5.80. HUB Cyber Security has a twelve month low of $2.43 and a twelve month high of $21.70.

HUB Cyber Security Company Profile

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.