U-BX Technology Ltd. (NASDAQ:UBXG) Short Interest Down 29.9% in May

U-BX Technology Ltd. (NASDAQ:UBXG) saw a large decline in short interest during the month of May. As of May 31st, there was short interest totalling 14,300 shares, a decline of 29.9% from the May 15th total of 20,400 shares. Based on an average trading volume of 26,600 shares, the short-interest ratio is presently 0.5 days. Approximately 0.3% of the shares of the stock are sold short.

U-BX Technology Trading Down 1.3%

Shares of UBXG stock opened at $2.98 on Thursday. The company’s fifty day simple moving average is $3.70 and its two-hundred day simple moving average is $3.53. U-BX Technology has a 52 week low of $2.36 and a 52 week high of $567.04.

About U-BX Technology

U-BX Technology Ltd. focuses on providing value-added services using artificial intelligence-driven technology to businesses in the insurance industry in China. The company offers digital promotion services, risk assessment services, and value-added bundled benefits to property and auto insurance carriers, and insurance brokers.