u-blox Holding AG (OTCMKTS:UBLXF) Sees Significant Drop in Short Interest

u-blox Holding AG (OTCMKTS:UBLXF) was the recipient of a large drop in short interest during the month of February. As of February 28th, there was short interest totalling 17,400 shares, a drop of 19.1% from the February 13th total of 21,500 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

u-blox Price Performance

u-blox stock opened at $82.14 on Tuesday. u-blox has a twelve month low of $72.00 and a twelve month high of $112.00. The firm has a 50 day moving average price of $75.17 and a 200-day moving average price of $80.01.

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.