MasterBeef Group (NASDAQ:MB) Short Interest Update

MasterBeef Group (NASDAQ:MB) was the target of a large drop in short interest in May. As of May 15th, there was short interest totaling 2,129 shares, a drop of 75.4% from the April 30th total of 8,664 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 21,868 shares, the days-to-cover ratio is currently 0.1 days.

MasterBeef Group Stock Performance

NASDAQ MB traded up $0.18 during midday trading on Friday, hitting $6.75. The company had a trading volume of 9,575 shares, compared to its average volume of 13,043. The company has a debt-to-equity ratio of 1.54, a quick ratio of 1.38 and a current ratio of 1.55. The firm has a fifty day simple moving average of $6.37 and a two-hundred day simple moving average of $6.35. MasterBeef Group has a fifty-two week low of $3.50 and a fifty-two week high of $16.40.

MasterBeef Group (NASDAQ:MB) last posted its quarterly earnings results on Friday, May 15th. The technology company reported ($0.08) earnings per share (EPS) for the quarter. The business had revenue of $14.80 million for the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings upgraded shares of MasterBeef Group from a “sell (d-)” rating to a “sell (d)” rating in a report on Friday, May 1st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has an average rating of “Sell”.

Institutional Trading of MasterBeef Group

A hedge fund recently bought a new stake in MasterBeef Group stock. Geode Capital Management LLC bought a new stake in shares of MasterBeef Group (NASDAQ:MB) during the 2nd quarter, according to its most recent filing with the SEC. The fund bought 10,878 shares of the technology company’s stock, valued at approximately $92,000. Geode Capital Management LLC owned approximately 0.06% of MasterBeef Group as of its most recent filing with the SEC.

About MasterBeef Group

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.