Short Interest in u-blox Holding AG (OTCMKTS:UBLXF) Increases By 101.4%

u-blox Holding AG (OTCMKTS:UBLXF) saw a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 13,900 shares, an increase of 101.4% from the March 31st total of 6,900 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 139.0 days.

u-blox Stock Performance

u-blox stock opened at $86.20 on Wednesday. u-blox has a 52 week low of $72.00 and a 52 week high of $112.00. The business’s 50-day simple moving average is $81.90 and its 200-day simple moving average is $79.32.

About u-blox

u-blox Holding AG develops, manufactures, and markets products and services supporting GPS/GNSS satellite positioning systems for the automotive, industrial, and consumer markets in Europe, the Middle East, Africa, the United States, and the Asia Pacific. It operates through two segments, Positioning and Wireless Products, and Wireless Services.