Short Interest in u-blox Holding AG (OTCMKTS:UBLXF) Drops By 51.6%

u-blox Holding AG (OTCMKTS:UBLXF) was the recipient of a large decline in short interest during the month of January. As of January 15th, there was short interest totalling 28,200 shares, a decline of 51.6% from the December 31st total of 58,300 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 282.0 days.

u-blox Price Performance

UBLXF stock remained flat at $73.50 during midday trading on Wednesday. u-blox has a 12-month low of $72.00 and a 12-month high of $112.00. The stock’s 50 day simple moving average is $78.30 and its 200-day simple moving average is $85.83.

u-blox Company Profile

u-blox Holding AG develops, manufactures, and markets products and services supporting GPS/GNSS satellite positioning systems for the automotive, industrial, and consumer markets in Europe, the Middle East, Africa, the United States, and the Asia Pacific. It operates through two segments, Positioning and Wireless Products, and Wireless Services.