HUB Cyber Security Ltd. (NASDAQ:HUBC) Short Interest Down 22.3% in October

HUB Cyber Security Ltd. (NASDAQ:HUBC) saw a large decrease in short interest in October. As of October 15th, there was short interest totalling 1,080,000 shares, a decrease of 22.3% from the September 30th total of 1,390,000 shares. Based on an average daily trading volume, of 889,100 shares, the days-to-cover ratio is currently 1.2 days. Approximately 3.6% of the company’s stock are sold short.

HUB Cyber Security Price Performance

HUB Cyber Security stock traded down $0.01 during mid-day trading on Wednesday, reaching $0.44. 378,776 shares of the company’s stock were exchanged, compared to its average volume of 2,061,971. HUB Cyber Security has a twelve month low of $0.43 and a twelve month high of $9.40. The company has a fifty day moving average of $0.51 and a 200-day moving average of $0.73.

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.