U-BX Technology Ltd. (NASDAQ:MF) Stock Short Interest Declines 38.4%

U-BX Technology Ltd. (NASDAQ:MF) saw a large decrease in short interest in September. As of September 15th, there was short interest totaling 7,612 shares, a decrease of 38.4% from the August 31st total of 12,364 shares. Approximately 0.6% of the shares of the stock are sold short. Based on an average daily volume of 196,077 shares, the days-to-cover ratio is currently 0.0 days.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on MF shares. Weiss Ratings reiterated a “sell (e+)” rating on shares of U-BX Technology in a research note on Friday, July 17th. Wall Street Zen upgraded shares of U-BX Technology from a “strong sell” rating to a “sell” rating in a research note on Tuesday, August 18th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has an average rating of “Sell”.

U-BX Technology Stock Performance

Shares of MF stock traded down $0.25 during trading hours on Friday, hitting $14.51. 12,828 shares of the company were exchanged, compared to its average volume of 484,772. The company has a 50 day simple moving average of $11.68 and a two-hundred day simple moving average of $21.76. U-BX Technology has a fifty-two week low of $2.12 and a fifty-two week high of $83.50.

U-BX Technology Company Profile

U-BX Technology (NASDAQ:MF) is a China-based insurance technology company that provides digital solutions for the insurance industry. The company uses technology, data analytics and artificial intelligence to support insurance distribution, product development and risk-management activities.

Its platform is designed to connect insurance providers, intermediaries and customers, helping participants with insurance product recommendations, customer acquisition, policy-related services and operational efficiency.