U-BX Technology Ltd. (NASDAQ:UBXG) Short Interest Up 65.6% in October

U-BX Technology Ltd. (NASDAQ:UBXG) was the recipient of a large increase in short interest in October. As of October 15th, there was short interest totalling 490,900 shares, an increase of 65.6% from the September 30th total of 296,400 shares. Based on an average daily volume of 2,410,000 shares, the short-interest ratio is currently 0.2 days. Approximately 3.2% of the company’s stock are sold short.

U-BX Technology Price Performance

UBXG stock traded down $0.01 during trading hours on Monday, reaching $0.37. 530,537 shares of the stock were exchanged, compared to its average volume of 1,133,783. The firm’s 50-day moving average is $3.15 and its 200-day moving average is $6.05. U-BX Technology has a 12 month low of $0.35 and a 12 month high of $35.44.

U-BX Technology Company Profile

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.