HUB Cyber Security Ltd. (NASDAQ:HUBC) Sees Large Increase in Short Interest

HUB Cyber Security Ltd. (NASDAQ:HUBC) was the recipient of a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 1,970,000 shares, an increase of 62.8% from the December 15th total of 1,210,000 shares. Based on an average daily volume of 1,360,000 shares, the short-interest ratio is presently 1.4 days. Approximately 6.6% of the shares of the company are sold short.

HUB Cyber Security Stock Up 15.4 %

Shares of NASDAQ:HUBC traded up $0.10 on Friday, reaching $0.76. 1,193,665 shares of the company’s stock were exchanged, compared to its average volume of 1,827,280. The business’s 50-day moving average is $0.56 and its two-hundred day moving average is $0.58. HUB Cyber Security has a fifty-two week low of $0.37 and a fifty-two week high of $2.17.

Institutional Investors Weigh In On HUB Cyber Security

A hedge fund recently bought a new stake in HUB Cyber Security stock. XTX Topco Ltd bought a new stake in shares of HUB Cyber Security Ltd. (NASDAQ:HUBC) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 47,252 shares of the company’s stock, valued at approximately $29,000. XTX Topco Ltd owned approximately 0.16% of HUB Cyber Security at the end of the most recent reporting period. Institutional investors own 4.70% of the company’s stock.

About HUB Cyber Security

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.