Short Interest in u-blox Holding AG (OTCMKTS:UBLXF) Drops By 51.6%

u-blox Holding AG (OTCMKTS:UBLXF) was the target of a significant decline in short interest during the month of December. As of December 31st, there was short interest totalling 28,200 shares, a decline of 51.6% from the December 15th total of 58,300 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 282.0 days.

u-blox Stock Down 2.5 %

UBLXF stock traded down $2.07 during trading on Tuesday, hitting $80.00. 25 shares of the company traded hands, compared to its average volume of 63. The stock’s 50-day simple moving average is $79.05 and its 200 day simple moving average is $88.28. u-blox has a 1 year low of $72.69 and a 1 year high of $112.00.

About u-blox

u-blox Holding AG develops, manufactures, and markets products and services supporting GPS/GNSS satellite positioning systems for the automotive, industrial, and consumer markets in Europe, the Middle East, Africa, the United States, and the Asia Pacific. It operates through two segments, Positioning and Wireless Products, and Wireless Services.