HUB Cyber Security Stock Scheduled to Reverse Split on Monday, March 31st (NASDAQ:HUBC)

Shares of HUB Cyber Security Ltd. (NASDAQ:HUBC) are set to reverse split on the morning of Monday, March 31st. The 1-10 reverse split was announced on Thursday, March 27th. The number of shares owned by shareholders will be adjusted after the closing bell on Friday, March 28th.

HUB Cyber Security Stock Performance

HUBC stock traded down $0.09 during mid-day trading on Thursday, hitting $0.41. The stock had a trading volume of 3,205,160 shares, compared to its average volume of 2,402,861. HUB Cyber Security has a 1-year low of $0.37 and a 1-year high of $2.17. The company has a fifty day moving average of $0.71 and a 200 day moving average of $0.60.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the stock. Private Advisor Group LLC bought a new stake in HUB Cyber Security in the 4th quarter valued at $37,000. XTX Topco Ltd acquired a new position in shares of HUB Cyber Security in the third quarter valued at $29,000. Geode Capital Management LLC increased its holdings in HUB Cyber Security by 42.1% in the 4th quarter. Geode Capital Management LLC now owns 37,399 shares of the company’s stock valued at $26,000 after buying an additional 11,080 shares during the period. Finally, Cantor Fitzgerald L. P. boosted its position in shares of HUB Cyber Security by 111.2% during the 4th quarter. Cantor Fitzgerald L. P. now owns 1,405,007 shares of the company’s stock valued at $969,000 after acquiring an additional 739,864 shares in the last quarter. 4.70% of the stock is owned by institutional investors.

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.