U-BX Technology Ltd. (NASDAQ:UBXG) Short Interest Update

U-BX Technology Ltd. (NASDAQ:UBXG) was the target of a large drop in short interest in February. As of February 15th, there was short interest totalling 54,700 shares, a drop of 29.7% from the January 31st total of 77,800 shares. Based on an average daily trading volume, of 131,500 shares, the days-to-cover ratio is currently 0.4 days. Currently, 4.9% of the shares of the stock are short sold.

U-BX Technology Stock Down 3.5 %

Shares of NASDAQ UBXG traded down $0.11 during midday trading on Wednesday, reaching $2.88. 2,941 shares of the stock traded hands, compared to its average volume of 28,947. U-BX Technology has a one year low of $2.62 and a one year high of $567.04. The company’s 50 day moving average is $3.22 and its 200 day moving average is $20.18.

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.