HUB Cyber Security Ltd. (NASDAQ:HUBC) Short Interest Up 473.0% in April

HUB Cyber Security Ltd. (NASDAQ:HUBC) saw a significant increase in short interest in April. As of April 15th, there was short interest totalling 2,320,000 shares, an increase of 473.0% from the March 31st total of 404,900 shares. Currently, 2.7% of the shares of the company are sold short. Based on an average trading volume of 4,900,000 shares, the short-interest ratio is currently 0.5 days.

Hedge Funds Weigh In On HUB Cyber Security

An institutional investor recently raised its position in HUB Cyber Security stock. K2 Principal Fund L.P. raised its position in shares of HUB Cyber Security Ltd. (NASDAQ:HUBC) by 23.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,619,113 shares of the company’s stock after purchasing an additional 308,860 shares during the period. K2 Principal Fund L.P. owned 1.65% of HUB Cyber Security worth $379,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 4.70% of the company’s stock.

HUB Cyber Security Stock Performance

Shares of HUBC stock traded down $0.09 during trading on Friday, hitting $1.06. The company’s stock had a trading volume of 793,361 shares, compared to its average volume of 4,002,344. The business has a fifty day moving average of $1.17 and a 200-day moving average of $2.35. HUB Cyber Security has a 52 week low of $0.68 and a 52 week high of $10.50.

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.