HUB Cyber Security Ltd. (NASDAQ:HUBC) Short Interest Down 5.5% in November

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

HUB Cyber Security Stock Performance

Shares of HUBC opened at $0.39 on Tuesday. The business has a 50-day simple moving average of $0.51 and a two-hundred day simple moving average of $0.61. HUB Cyber Security has a 52 week low of $0.38 and a 52 week high of $2.48.

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) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 47,252 shares of the company’s stock, valued at approximately $29,000. XTX Topco Ltd owned 0.16% of HUB Cyber Security at the end of the most recent quarter. Institutional investors and hedge funds own 4.70% of the company’s stock.

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.