U-BX Technology Ltd. (NASDAQ:UBXG) Sees Significant Decline in Short Interest

U-BX Technology Ltd. (NASDAQ:UBXG) was the target of a significant decline in short interest in January. As of January 15th, there was short interest totalling 54,500 shares, a decline of 35.4% from the December 31st total of 84,400 shares. Approximately 4.9% of the company’s stock are sold short. Based on an average daily trading volume, of 140,700 shares, the days-to-cover ratio is currently 0.4 days.

U-BX Technology Trading Up 3.7 %

Shares of NASDAQ:UBXG traded up $0.12 during trading hours on Friday, reaching $3.35. The stock had a trading volume of 14,981 shares, compared to its average volume of 36,588. U-BX Technology has a 1 year low of $2.92 and a 1 year high of $567.04. The firm’s 50 day moving average is $3.55 and its 200-day moving average is $46.08.

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.