HUB Cyber Security Ltd. (NASDAQ:HUBC) Sees Significant Growth in Short Interest

HUB Cyber Security Ltd. (NASDAQ:HUBC) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totalling 1,970,000 shares, an increase of 62.8% from the December 15th total of 1,210,000 shares. Based on an average daily volume of 1,360,000 shares, the days-to-cover ratio is currently 1.4 days. Approximately 6.6% of the shares of the stock are short sold.

HUB Cyber Security Trading Up 15.4 %

HUBC stock traded up $0.10 during trading hours on Friday, hitting $0.76. 1,193,665 shares of the stock traded hands, compared to its average volume of 1,827,280. The stock has a 50-day simple moving average of $0.56 and a 200 day simple moving average of $0.58. HUB Cyber Security has a one year low of $0.37 and a one year high of $2.17.

Institutional Investors Weigh In On HUB Cyber Security

A hedge fund recently bought a new stake in HUB Cyber Security stock. XTX Topco Ltd bought a new stake in shares of HUB Cyber Security Ltd. (NASDAQ:HUBC) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 47,252 shares of the company’s stock, valued at approximately $29,000. XTX Topco Ltd owned about 0.16% of HUB Cyber Security as of its most recent SEC filing. 4.70% of the stock is owned by institutional investors and hedge funds.

About HUB Cyber Security

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.