HUB Cyber Security (NASDAQ:HUBC) Trading Down 4.5%

HUB Cyber Security Ltd. (NASDAQ:HUBC)’s share price fell 4.5% on Tuesday . The company traded as low as $1.25 and last traded at $1.27. 1,426,116 shares traded hands during mid-day trading, a decline of 65% from the average session volume of 4,098,883 shares. The stock had previously closed at $1.33.

HUB Cyber Security Stock Down 4.5 %

The business’s fifty day moving average price is $1.18 and its two-hundred day moving average price is $2.38.

Institutional Trading of HUB Cyber Security

A hedge fund recently raised its stake in HUB Cyber Security stock. K2 Principal Fund L.P. increased its position in shares of HUB Cyber Security Ltd. (NASDAQ:HUBC) by 23.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,619,113 shares of the company’s stock after purchasing an additional 308,860 shares during the period. K2 Principal Fund L.P. owned approximately 1.65% of HUB Cyber Security worth $379,000 at the end of the most recent quarter. 4.70% of the stock is currently owned by institutional investors and hedge funds.

About HUB Cyber Security

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.