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

U-BX Technology Ltd. (NASDAQ:UBXG) saw a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 61,200 shares, a growth of 108.9% from the February 28th total of 29,300 shares. Approximately 8.6% of the company’s shares are short sold. Based on an average daily volume of 40,800 shares, the days-to-cover ratio is currently 1.5 days.

U-BX Technology Stock Down 7.8 %

Shares of U-BX Technology stock opened at $4.03 on Friday. The business’s fifty day simple moving average is $3.30 and its 200-day simple moving average is $5.10. U-BX Technology has a 52 week low of $2.36 and a 52 week 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.