HUB Cyber Security (NASDAQ:HUBC) Shares Down 6.7% – Should You Sell?

HUB Cyber Security Ltd. (NASDAQ:HUBC)’s stock price traded down 6.7% during mid-day trading on Monday . The company traded as low as $0.65 and last traded at $0.68. 1,753,264 shares traded hands during trading, a decline of 34% from the average session volume of 2,657,816 shares. The stock had previously closed at $0.72.

HUB Cyber Security Stock Down 6.7 %

The company has a fifty day moving average price of $0.76 and a 200 day moving average price of $0.60.

Hedge Funds Weigh In On HUB Cyber Security

A number of large investors have recently bought and sold shares of HUBC. Geode Capital Management LLC grew its holdings in shares of HUB Cyber Security by 42.1% in the fourth quarter. Geode Capital Management LLC now owns 37,399 shares of the company’s stock worth $26,000 after purchasing an additional 11,080 shares during the last quarter. XTX Topco Ltd purchased a new stake in HUB Cyber Security during the 3rd quarter valued at $29,000. Private Advisor Group LLC bought a new stake in HUB Cyber Security in the 4th quarter worth $37,000. Finally, Cantor Fitzgerald L. P. increased its position in shares of HUB Cyber Security by 111.2% in the fourth quarter. Cantor Fitzgerald L. P. now owns 1,405,007 shares of the company’s stock valued at $969,000 after acquiring an additional 739,864 shares during the period. 4.70% of the stock is owned by hedge funds and other institutional investors.

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.