MasterBeef Group (NASDAQ:MB) Short Interest Update

MasterBeef Group (NASDAQ:MB) was the recipient of a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 8,664 shares, an increase of 162.9% from the April 15th total of 3,295 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 18,886 shares, the days-to-cover ratio is currently 0.5 days.

MasterBeef Group Price Performance

Shares of NASDAQ MB opened at $6.42 on Friday. MasterBeef Group has a 52-week low of $3.50 and a 52-week high of $16.40. The business has a 50-day moving average price of $6.24 and a 200 day moving average price of $6.51.

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

Institutional Trading of MasterBeef Group

An institutional investor recently bought a new position in MasterBeef Group stock. Geode Capital Management LLC acquired a new stake in shares of MasterBeef Group (NASDAQ:MB) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 10,878 shares of the technology company’s stock, valued at approximately $92,000. Geode Capital Management LLC owned about 0.06% of MasterBeef Group as of its most recent SEC filing.

Wall Street Analyst Weigh In

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

MasterBeef Group Company Profile

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.