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

u-blox Holding AG (OTCMKTS:UBLXF) was the target of a significant drop in short interest in March. As of March 31st, there was short interest totalling 6,900 shares, a drop of 24.2% from the March 15th total of 9,100 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 69.0 days.

u-blox Price Performance

UBLXF remained flat at $85.83 on Friday. The company has a 50 day simple moving average of $79.96 and a 200 day simple moving average of $79.37. u-blox has a twelve month low of $72.00 and a twelve month high of $112.00.

u-blox Company Profile

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.