U-BX Technology Ltd. (NASDAQ:UBXG) Sees Large Increase in Short Interest

U-BX Technology Ltd. (NASDAQ:UBXG) was the target of a large increase in short interest during the month of January. As of January 31st, there was short interest totalling 77,800 shares, an increase of 42.8% from the January 15th total of 54,500 shares. Based on an average daily volume of 131,100 shares, the short-interest ratio is presently 0.6 days. Currently, 7.0% of the company’s stock are short sold.

U-BX Technology Price Performance

NASDAQ UBXG traded down $0.10 during trading hours on Friday, hitting $2.72. The company’s stock had a trading volume of 9,418 shares, compared to its average volume of 31,182. The company’s 50 day simple moving average is $3.31 and its two-hundred day simple moving average is $36.40. U-BX Technology has a 12 month low of $2.71 and a 12 month high of $567.04.

U-BX Technology Company Profile

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.