HUB Cyber Security (NASDAQ:HUBC) Stock Price Down 2.1%

HUB Cyber Security Ltd. (NASDAQ:HUBC) dropped 2.1% during mid-day trading on Tuesday . The stock traded as low as $0.87 and last traded at $0.89. Approximately 158,903 shares changed hands during mid-day trading, a decline of 70% from the average daily volume of 521,676 shares. The stock had previously closed at $0.91.

HUB Cyber Security Price Performance

The company’s 50-day moving average price is $1.35 and its 200-day moving average price is $2.55.

Institutional Trading of HUB Cyber Security

Institutional investors have recently modified their holdings of the stock. Two Sigma Investments LP acquired a new stake in shares of HUB Cyber Security in the first quarter valued at about $136,000. Susquehanna International Group Ltd. acquired a new stake in shares of HUB Cyber Security in the first quarter valued at about $116,000. Jane Street Group LLC acquired a new stake in shares of HUB Cyber Security in the first quarter valued at about $72,000. HRT Financial LP acquired a new position in HUB Cyber Security during the first quarter worth about $38,000. Finally, Two Sigma Securities LLC acquired a new position in HUB Cyber Security during the first quarter worth about $34,000. Institutional investors and hedge funds own 4.70% of the company’s stock.

About HUB Cyber Security

HUB Cyber Security Ltd. provides cyber security solutions in Israel and internationally. The company offers HUB Secure File Vault, a super charged managed file transfer backed by dedicated hardware driven security, which creates a secure enclave to protect the organization's data driven workflows; HUB Guard, a recurring security assessment, continuous network, and infrastructure monitoring and analysis, and planned incident response; D.Storm, a powerful SaaS DDoS simulation platform; RAM Commander, a software tool for reliability prediction and analysis, reliability block diagram, Markov chains analysis, maintainability prediction, spares optimization, FMEA/FMECA, testability, fault tree analysis, event tree analysis, and safety assessment; and Safety Commander designs to evaluate the safety of highly integrated systems in a model-based design environment.