U-BX Technology Ltd. (NASDAQ:UBXG) Short Interest Up 108.9% in March

U-BX Technology Ltd. (NASDAQ:UBXG) saw a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 61,200 shares, an increase of 108.9% from the February 28th total of 29,300 shares. Based on an average trading volume of 40,800 shares, the days-to-cover ratio is presently 1.5 days. Approximately 8.6% of the shares of the company are sold short.

U-BX Technology Price Performance

Shares of NASDAQ UBXG opened at $4.03 on Friday. U-BX Technology has a 1 year low of $2.36 and a 1 year high of $567.04. The firm has a fifty day moving average price of $3.30 and a 200-day moving average price of $5.17.

U-BX Technology Company Profile

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.