MasterBeef Group (NASDAQ:MB) Short Interest Up 162.9% in April

MasterBeef Group (NASDAQ:MB) was the recipient of a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 8,664 shares, an increase of 162.9% from the April 15th total of 3,295 shares. Based on an average daily volume of 18,886 shares, the short-interest ratio is currently 0.5 days. Approximately 0.1% of the shares of the company are short sold.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded MasterBeef Group from a “sell (d-)” rating to a “sell (d)” rating in a research report on Friday, May 1st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

Hedge Funds Weigh In On MasterBeef Group

An institutional investor recently bought a new position in MasterBeef Group stock. Geode Capital Management LLC purchased a new stake in shares of MasterBeef Group (NASDAQ:MB) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 10,878 shares of the technology company’s stock, valued at approximately $92,000. Geode Capital Management LLC owned about 0.06% of MasterBeef Group as of its most recent SEC filing.

MasterBeef Group Price Performance

MasterBeef Group stock opened at $6.84 on Friday. MasterBeef Group has a fifty-two week low of $3.50 and a fifty-two week high of $16.40. The firm’s 50 day simple moving average is $6.22 and its 200-day simple moving average is $6.51.

MasterBeef Group Company Profile

MINDBODY, Inc operates a cloud-based business management software and payments platform for the small and medium-sized businesses in the wellness services industry. Its platform enables businesses to run, market, and build scheduling and online booking, performance tracking, staff management, client relationship management, integrated payment processing, retail point-of-sale, purchase tracking, inventory, hardware integration, analytics and reporting, branded Web, mobility, social integration, client acquisition dashboard, security and compliance, and integration with other cloud-based partners for yoga, Pilates, indoor cycling, group and personal training, boutique fitness, salons, spas, and integrative health businesses.