U-BX Technology Ltd. (NASDAQ:MF – Get Free Report) saw a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 2,071 shares, a drop of 81.9% from the September 30th total of 11,424 shares. Based on an average daily volume of 92,327 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.1% of the shares of the company are short sold.
U-BX Technology Trading Up 13.5%
MF stock traded up $0.79 during mid-day trading on Thursday, reaching $6.63. 184,797 shares of the stock traded hands, compared to its average volume of 450,220. U-BX Technology has a one year low of $2.12 and a one year high of $83.50. The business has a 50-day moving average price of $13.21 and a two-hundred day moving average price of $26.87.
U-BX Technology (NASDAQ:MF – Get Free Report) last posted its earnings results on Monday, October 26th. The company reported ($10.15) EPS for the quarter. The company had revenue of $1.60 million for the quarter.
Wall Street Analysts Forecast Growth
A number of equities research analysts have weighed in on MF shares. Wall Street Zen upgraded shares of U-BX Technology from a “strong sell” rating to a “sell” rating in a research note on Tuesday, August 18th. Weiss Ratings reiterated a “sell (e+)” rating on shares of U-BX Technology in a research report on Thursday, October 15th. One equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat, U-BX Technology presently has an average rating of “Sell”.
Get Our Latest Stock Analysis on U-BX Technology
About U-BX Technology
U-BX Technology is a China-based insurance technology company that develops and operates an artificial intelligence-powered platform for the insurance industry. The company’s technology is designed to connect insurance providers, brokers, agents and customers through digital tools and data-driven services.
Its business activities include providing insurance-related products and services, with offerings reported to include auto insurance, health insurance and life insurance. The platform is intended to support the distribution and management of insurance products while helping industry participants improve customer engagement and operating efficiency.
U-BX Technology was established in 2015 and is based in Hangzhou, China.
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