Short Interest in U-BX Technology Ltd. (NASDAQ:UBXG) Expands By 34.8%

U-BX Technology Ltd. (NASDAQ:UBXG) saw a large increase in short interest in October. As of October 31st, there was short interest totalling 661,800 shares, an increase of 34.8% from the October 15th total of 490,900 shares. Based on an average trading volume of 2,450,000 shares, the short-interest ratio is currently 0.3 days. Currently, 4.6% of the company’s stock are sold short.

U-BX Technology Trading Down 4.0 %

Shares of NASDAQ:UBXG traded down $0.01 during trading hours on Friday, hitting $0.30. The company’s stock had a trading volume of 350,214 shares, compared to its average volume of 1,079,327. The firm’s fifty day moving average price is $0.54 and its 200 day moving average price is $5.60. U-BX Technology has a 52 week low of $0.29 and a 52 week high of $35.44.

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.