MasterBeef Group (NASDAQ:MB) Short Interest Update

MasterBeef Group (NASDAQ:MB) saw a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 8,664 shares, a growth of 162.9% from the April 15th total of 3,295 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 18,886 shares, the short-interest ratio is currently 0.5 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in MasterBeef Group stock. Geode Capital Management LLC acquired a new position in MasterBeef Group (NASDAQ:MB) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 10,878 shares of the technology company’s stock, valued at approximately $92,000. Geode Capital Management LLC owned 0.06% of MasterBeef Group as of its most recent filing with the Securities & Exchange Commission.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded shares of MasterBeef Group from a “sell (d-)” rating to a “sell (d)” rating in a research report on Friday, May 1st. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has a consensus rating of “Sell”.

MasterBeef Group Trading Down 5.7%

Shares of MasterBeef Group stock traded down $0.39 during trading hours on Friday, reaching $6.42. The stock had a trading volume of 4,111 shares, compared to its average volume of 22,742. The stock’s 50 day moving average is $6.24 and its 200 day moving average is $6.51. MasterBeef Group has a twelve month low of $3.50 and a twelve month high of $16.40.

MasterBeef Group (NASDAQ:MB) last issued its quarterly earnings data on Friday, May 15th. The technology company reported ($0.08) earnings per share for the quarter. The business had revenue of $14.80 million for the quarter.

MasterBeef Group Company Profile

MINDBODY, Inc operates a cloud-based business management software and payments platform for the small and medium-sized businesses in the wellness services industry. Its platform enables businesses to run, market, and build scheduling and online booking, performance tracking, staff management, client relationship management, integrated payment processing, retail point-of-sale, purchase tracking, inventory, hardware integration, analytics and reporting, branded Web, mobility, social integration, client acquisition dashboard, security and compliance, and integration with other cloud-based partners for yoga, Pilates, indoor cycling, group and personal training, boutique fitness, salons, spas, and integrative health businesses.