Hub Cyber Security Ltd. (NASDAQ:HUBC) Short Interest Up 48.0% in February

Hub Cyber Security Ltd. (NASDAQ:HUBC) was the target of a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 311,293 shares, an increase of 48.0% from the February 12th total of 210,296 shares. Currently, 49.9% of the company’s stock are sold short. Based on an average daily trading volume, of 403,555 shares, the days-to-cover ratio is currently 0.8 days. Based on an average daily trading volume, of 403,555 shares, the days-to-cover ratio is currently 0.8 days. Currently, 49.9% of the company’s stock are sold short.

Hedge Funds Weigh In On Hub Cyber Security

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Goldman Sachs Group Inc. acquired a new stake in shares of Hub Cyber Security in the first quarter worth $65,000. HRT Financial LP bought a new stake in shares of Hub Cyber Security during the 4th quarter worth $28,000. Cresset Asset Management LLC acquired a new position in Hub Cyber Security in the 3rd quarter valued at $133,000. Finally, Bank of America Corp DE bought a new position in Hub Cyber Security in the 2nd quarter worth $266,000. Institutional investors and hedge funds own 4.70% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. Weiss Ratings restated a “sell (e+)” rating on shares of Hub Cyber Security in a report on Thursday, January 22nd. Wall Street Zen cut shares of Hub Cyber Security from a “hold” rating to a “strong sell” rating in a research note on Saturday, January 17th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company has a consensus rating of “Sell”.

Hub Cyber Security Price Performance

Shares of NASDAQ HUBC opened at $0.48 on Monday. The business’s 50-day simple moving average is $2.85 and its 200-day simple moving average is $14.57. Hub Cyber Security has a 52 week low of $0.44 and a 52 week high of $94.47.

Hub Cyber Security Company Profile

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.