HUB Cyber Security Ltd. (NASDAQ:HUBC) Short Interest Up 91.9% in January

HUB Cyber Security Ltd. (NASDAQ:HUBC) was the recipient of a large growth in short interest in the month of January. As of January 31st, there was short interest totalling 2,610,000 shares, a growth of 91.9% from the January 15th total of 1,360,000 shares. Currently, 8.7% of the company’s shares are sold short. Based on an average trading volume of 2,320,000 shares, the short-interest ratio is presently 1.1 days.

Hedge Funds Weigh In On HUB Cyber Security

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Geode Capital Management LLC raised its position in shares of 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 acquiring an additional 11,080 shares during the period. XTX Topco Ltd acquired a new stake in HUB Cyber Security in the third quarter worth $29,000. Finally, Private Advisor Group LLC bought a new position in shares of HUB Cyber Security during the fourth quarter worth $37,000. Institutional investors own 4.70% of the company’s stock.

HUB Cyber Security Stock Performance

Shares of HUB Cyber Security stock traded down $0.14 on Friday, hitting $0.87. 2,584,868 shares of the company’s stock traded hands, compared to its average volume of 3,040,118. HUB Cyber Security has a one year low of $0.37 and a one year high of $2.17. The firm’s 50-day moving average price is $0.70 and its two-hundred day moving average price is $0.60.

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.