Short Interest in U-BX Technology Ltd. (NASDAQ:UBXG) Declines By 45.0%

U-BX Technology Ltd. (NASDAQ:UBXG) was the recipient of a significant decline in short interest during the month of December. As of December 15th, there was short interest totalling 47,500 shares, a decline of 45.0% from the November 30th total of 86,300 shares. Approximately 8.9% of the shares of the company are sold short. Based on an average trading volume of 143,000 shares, the short-interest ratio is presently 0.3 days.

U-BX Technology Stock Performance

NASDAQ UBXG traded down $0.13 during trading hours on Friday, hitting $3.81. The company had a trading volume of 75,949 shares, compared to its average volume of 96,039. The business has a 50 day moving average of $4.53 and a 200-day moving average of $70.47. U-BX Technology has a 1-year low of $3.00 and a 1-year high of $567.04.

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.