u-blox Holding AG (OTCMKTS:UBLXF) Short Interest Down 51.6% in January

u-blox Holding AG (OTCMKTS:UBLXF) was the target of a significant drop in short interest in January. As of January 15th, there was short interest totalling 28,200 shares, a drop of 51.6% from the December 31st total of 58,300 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 282.0 days.

u-blox Price Performance

Shares of OTCMKTS UBLXF remained flat at $73.50 during midday trading on Wednesday. u-blox has a 12 month low of $72.00 and a 12 month high of $112.00. The stock’s 50-day simple moving average is $78.30 and its two-hundred day simple moving average is $85.83.

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.