Short Interest in u-blox Holding AG (OTCMKTS:UBLXF) Decreases By 47.7%

u-blox Holding AG (OTCMKTS:UBLXF) was the target of a significant drop in short interest in the month of March. As of March 15th, there was short interest totalling 9,100 shares, a drop of 47.7% from the February 28th total of 17,400 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 91.0 days.

u-blox Price Performance

Shares of OTCMKTS:UBLXF opened at $90.05 on Friday. The stock’s 50 day moving average price is $76.30 and its 200 day moving average price is $79.84. u-blox has a 12 month low of $72.00 and a 12 month high of $112.00.

About u-blox

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.