Hub Cyber Security Ltd. (NASDAQ:HUBC) Short Interest Up 21.8% in February

Hub Cyber Security Ltd. (NASDAQ:HUBC) was the recipient of a significant increase in short interest during the month of February. As of February 13th, there was short interest totaling 210,296 shares, an increase of 21.8% from the January 29th total of 172,598 shares. Based on an average daily trading volume, of 203,324 shares, the short-interest ratio is currently 1.0 days. Approximately 33.7% of the company’s stock are sold short. Approximately 33.7% of the company’s stock are sold short. Based on an average daily trading volume, of 203,324 shares, the short-interest ratio is currently 1.0 days.

Hub Cyber Security Trading Down 11.1%

HUBC stock opened at $1.20 on Thursday. The stock has a fifty day moving average of $3.58 and a 200-day moving average of $16.44. Hub Cyber Security has a fifty-two week low of $1.04 and a fifty-two week high of $95.96.

Analyst Upgrades and Downgrades

HUBC has been the subject of a number of recent analyst reports. Wall Street Zen downgraded Hub Cyber Security from a “hold” rating to a “strong sell” rating in a research note on Saturday, January 17th. Weiss Ratings reissued a “sell (e+)” rating on shares of Hub Cyber Security in a report on Thursday, January 22nd. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has an average rating of “Sell”.

Institutional Investors Weigh In On Hub Cyber Security

Several hedge funds and other institutional investors have recently modified their holdings of the stock. HRT Financial LP purchased a new stake in shares of Hub Cyber Security during the 4th quarter valued at $28,000. Goldman Sachs Group Inc. bought a new position in Hub Cyber Security in the first quarter valued at $65,000. Cresset Asset Management LLC purchased a new stake in Hub Cyber Security during the third quarter valued at about $133,000. Finally, Bank of America Corp DE bought a new stake in Hub Cyber Security during the second quarter worth about $266,000. 4.70% of the stock is currently owned by institutional investors.

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.