U-BX Technology Ltd. (NASDAQ:UBXG) Sees Significant Decline in Short Interest

U-BX Technology Ltd. (NASDAQ:UBXG) was the target of a large drop in short interest during the month of November. As of November 15th, there was short interest totalling 17,700 shares, a drop of 97.3% from the October 31st total of 661,800 shares. Based on an average daily volume of 1,180,000 shares, the short-interest ratio is presently 0.0 days. Currently, 0.1% of the shares of the company are short sold.

U-BX Technology Price Performance

U-BX Technology stock traded down $0.88 during mid-day trading on Wednesday, reaching $3.54. 77,590 shares of the company were exchanged, compared to its average volume of 66,366. The company has a fifty day simple moving average of $0.45 and a 200-day simple moving average of $5.36. U-BX Technology has a 12 month low of $3.42 and a 12 month high of $567.04.

About U-BX Technology

U-BX Technology Ltd. focuses on providing value-added services using artificial intelligence-driven technology to businesses in the insurance industry in China. The company offers digital promotion services, risk assessment services, and value-added bundled benefits to property and auto insurance carriers, and insurance brokers.