Hub Cyber Security Ltd. (NASDAQ:HUBC) Short Interest Update

Hub Cyber Security Ltd. (NASDAQ:HUBC) saw a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 1,215,803 shares, a growth of 271.4% from the April 30th total of 327,372 shares. Currently, 108.4% of the shares of the company are short sold. Based on an average daily trading volume, of 39,242,280 shares, the days-to-cover ratio is presently 0.0 days.

Hedge Funds Weigh In On Hub Cyber Security

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Goldman Sachs Group Inc. bought a new position in shares of Hub Cyber Security during the first quarter worth $65,000. Cresset Asset Management LLC purchased a new stake in Hub Cyber Security during the third quarter valued at $133,000. HRT Financial LP purchased a new stake in Hub Cyber Security during the fourth quarter valued at $28,000. Finally, Bank of America Corp DE purchased a new stake in Hub Cyber Security during the second quarter valued at $266,000. Institutional investors own 4.70% of the company’s stock.

Hub Cyber Security Stock Performance

Shares of HUBC traded up $0.15 during mid-day trading on Friday, reaching $0.26. The stock had a trading volume of 1,348,806,614 shares, compared to its average volume of 42,950,568. Hub Cyber Security has a 12 month low of $0.10 and a 12 month high of $3,322.50. The business has a fifty day moving average of $3.71 and a 200 day moving average of $214.82.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised shares of Hub Cyber Security to a “hold” rating in a report on Saturday, April 25th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has an average rating of “Sell”.

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.