MasterBeef Group (NASDAQ:MB) Sees Large Decrease in Short Interest

MasterBeef Group (NASDAQ:MB) was the recipient of a significant decrease in short interest during the month of May. As of May 15th, there was short interest totaling 2,129 shares, a decrease of 75.4% from the April 30th total of 8,664 shares. Based on an average daily volume of 21,868 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

MasterBeef Group Trading Up 2.7%

MB traded up $0.18 on Friday, reaching $6.75. 9,575 shares of the company’s stock were exchanged, compared to its average volume of 34,266. The company’s 50 day moving average is $6.37 and its 200-day moving average is $6.35. MasterBeef Group has a twelve month low of $3.50 and a twelve month high of $16.40. The company has a quick ratio of 1.38, a current ratio of 1.55 and a debt-to-equity ratio of 1.54.

MasterBeef Group (NASDAQ:MB) last posted its quarterly earnings results on Friday, May 15th. The technology company reported ($0.08) EPS for the quarter. The company had revenue of $14.80 million for the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded shares of MasterBeef Group from a “sell (d-)” rating to a “sell (d)” rating in a report on Friday, May 1st. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in MasterBeef Group stock. Citadel Advisors LLC boosted its holdings in MasterBeef Group (NASDAQ:MB) by 27.0% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 14,612 shares of the technology company’s stock after buying an additional 3,104 shares during the period. Citadel Advisors LLC owned approximately 0.09% of MasterBeef Group worth $125,000 at the end of the most recent reporting period.

About MasterBeef Group

MINDBODY, Inc operates a cloud-based business management software and payments platform for the small and medium-sized businesses in the wellness services industry. Its platform enables businesses to run, market, and build scheduling and online booking, performance tracking, staff management, client relationship management, integrated payment processing, retail point-of-sale, purchase tracking, inventory, hardware integration, analytics and reporting, branded Web, mobility, social integration, client acquisition dashboard, security and compliance, and integration with other cloud-based partners for yoga, Pilates, indoor cycling, group and personal training, boutique fitness, salons, spas, and integrative health businesses.