HUB Cyber Security Ltd. (NASDAQ:HUBC) Short Interest Down 83.4% in March

HUB Cyber Security Ltd. (NASDAQ:HUBC) was the recipient of a large decrease in short interest during the month of March. As of March 31st, there was short interest totalling 369,200 shares, a decrease of 83.4% from the March 15th total of 2,230,000 shares. Based on an average daily volume of 276,000 shares, the days-to-cover ratio is currently 1.3 days. Approximately 1.2% of the shares of the stock are sold short.

Hedge Funds Weigh In On HUB Cyber Security

Several hedge funds have recently made changes to their positions in HUBC. Geode Capital Management LLC lifted its stake in HUB Cyber Security by 42.1% during the 4th quarter. Geode Capital Management LLC now owns 37,399 shares of the company’s stock valued at $26,000 after acquiring an additional 11,080 shares during the period. XTX Topco Ltd purchased a new stake in shares of HUB Cyber Security during the 3rd quarter valued at about $29,000. Private Advisor Group LLC bought a new position in shares of HUB Cyber Security during the 4th quarter valued at approximately $37,000. Finally, Cantor Fitzgerald L. P. increased its stake in HUB Cyber Security by 111.2% in the fourth quarter. Cantor Fitzgerald L. P. now owns 1,405,007 shares of the company’s stock worth $969,000 after purchasing an additional 739,864 shares during the period. 4.70% of the stock is owned by hedge funds and other institutional investors.

HUB Cyber Security Stock Down 0.7 %

HUBC traded down $0.02 during midday trading on Wednesday, hitting $2.94. The stock had a trading volume of 183,593 shares, compared to its average volume of 163,754. HUB Cyber Security has a 1 year low of $2.43 and a 1 year high of $16.60. The business has a fifty day moving average of $5.46 and a 200 day moving average of $5.76.

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.