HUB Cyber Security Ltd. (NASDAQ:HUBCW) Sees Large Increase in Short Interest

HUB Cyber Security Ltd. (NASDAQ:HUBCW) was the recipient of a large increase in short interest in the month of May. As of May 31st, there was short interest totalling 77,200 shares, an increase of 255.8% from the May 15th total of 21,700 shares. Based on an average daily volume of 90,400 shares, the days-to-cover ratio is currently 0.9 days.

HUB Cyber Security Stock Performance

Shares of HUBCW remained flat at $0.03 during mid-day trading on Friday. 227,390 shares of the stock were exchanged, compared to its average volume of 72,044. The stock’s 50-day simple moving average is $0.02 and its two-hundred day simple moving average is $0.02. HUB Cyber Security has a twelve month low of $0.01 and a twelve month high of $0.07.

About HUB Cyber Security

HUB Security offers cyber security solutions in Israel and internationally. The company provides secure compute platform, metaverse security, quantum secured cloud workspace, quantum cure ransomware technology, and healthcare and AI security solutions; 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; D.STORM, a SaaS DDoS simulation platform; and safety assessment suite.