Short Interest in MasterBeef Group (NASDAQ:MB) Grows By 4,142.9%

MasterBeef Group (NASDAQ:MB) saw a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 86,768 shares, a growth of 4,142.9% from the July 30th total of 2,045 shares. Based on an average daily trading volume, of 3,178,585 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.5% of the company’s shares are short sold.

Institutional Trading of MasterBeef Group

A hedge fund recently raised its position in MasterBeef Group stock. Citadel Advisors LLC increased its stake in shares of MasterBeef Group (NASDAQ:MB) by 27.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 14,612 shares of the technology company’s stock after acquiring an additional 3,104 shares during the quarter. Citadel Advisors LLC owned approximately 0.09% of MasterBeef Group worth $125,000 at the end of the most recent quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (d)” rating on shares of MasterBeef Group in a report on Wednesday, July 29th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has an average rating of “Sell”.

MasterBeef Group Stock Up 4.8%

MB stock traded up $0.22 during mid-day trading on Tuesday, reaching $4.77. The company’s stock had a trading volume of 17,263 shares, compared to its average volume of 247,226. The business’s 50 day moving average price is $4.87 and its 200 day moving average price is $5.63. The company has a current ratio of 1.55, a quick ratio of 1.38 and a debt-to-equity ratio of 1.54. MasterBeef Group has a 12 month low of $3.51 and a 12 month high of $19.75.

About MasterBeef Group

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.