HUB Cyber Security Stock Scheduled to Reverse Split on Monday, March 31st (NASDAQ:HUBC)

Shares of HUB Cyber Security Ltd. (NASDAQ:HUBC) are set to reverse split on Monday, March 31st. The 1-10 reverse split was announced on Thursday, March 27th. The number of shares owned by shareholders will be adjusted after the closing bell on Friday, March 28th.

HUB Cyber Security Price Performance

Shares of NASDAQ:HUBC traded down $0.09 during midday trading on Thursday, reaching $0.41. 3,205,160 shares of the company were exchanged, compared to its average volume of 2,402,841. The business’s fifty day moving average is $0.71 and its two-hundred day moving average is $0.60. HUB Cyber Security has a one year low of $0.37 and a one year high of $2.17.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Geode Capital Management LLC boosted its stake in HUB Cyber Security by 42.1% during the fourth quarter. Geode Capital Management LLC now owns 37,399 shares of the company’s stock valued at $26,000 after buying an additional 11,080 shares during the last quarter. XTX Topco Ltd bought a new position in shares of HUB Cyber Security during the 3rd quarter valued at approximately $29,000. Private Advisor Group LLC purchased a new position in shares of HUB Cyber Security in the fourth quarter valued at $37,000. Finally, Cantor Fitzgerald L. P. increased its position in HUB Cyber Security by 111.2% in the fourth quarter. Cantor Fitzgerald L. P. now owns 1,405,007 shares of the company’s stock worth $969,000 after purchasing an additional 739,864 shares during the last quarter. Hedge funds and other institutional investors own 4.70% of the company’s stock.

HUB Cyber Security Company Profile

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.