Short Interest in HUB Cyber Security Ltd. (NASDAQ:HUBC) Drops By 5.5%

HUB Cyber Security Ltd. (NASDAQ:HUBC) saw a significant decrease in short interest in the month of November. As of November 30th, there was short interest totalling 1,210,000 shares, a decrease of 5.5% from the November 15th total of 1,280,000 shares. Based on an average daily volume of 549,600 shares, the days-to-cover ratio is currently 2.2 days. Approximately 4.0% of the company’s stock are short sold.

Institutional Inflows and Outflows

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

HUB Cyber Security Trading Up 18.0 %

Shares of HUBC opened at $0.50 on Thursday. The business’s fifty day moving average is $0.50 and its 200 day moving average is $0.60. HUB Cyber Security has a 12-month low of $0.38 and a 12-month high of $2.48.

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.