Short Interest in u-blox Holding AG (OTCMKTS:UBLXF) Decreases By 43.9%

u-blox Holding AG (OTCMKTS:UBLXF) was the target of a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 2,300 shares, a drop of 43.9% from the September 30th total of 4,100 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 23.0 days. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 23.0 days.

u-blox Price Performance

Shares of OTCMKTS UBLXF opened at $176.65 on Monday. u-blox has a fifty-two week low of $72.00 and a fifty-two week high of $176.65. The stock’s 50-day simple moving average is $168.53 and its 200-day simple moving average is $136.15.

About u-blox

u-blox Holding AG develops, manufactures, and markets products and services supporting GPS/GNSS satellite positioning systems for the automotive, industrial, and consumer markets in Europe, the Middle East, Africa, the United States, and the Asia Pacific. It operates through two segments, Positioning and Wireless Products, and Wireless Services.