HUB Cyber Security (NASDAQ:HUBC) Trading Up 10.3%

HUB Cyber Security Ltd. (NASDAQ:HUBC)’s share price traded up 10.3% during trading on Friday . The company traded as high as $0.90 and last traded at $0.88. 1,490,876 shares changed hands during trading, a decline of 59% from the average session volume of 3,672,235 shares. The stock had previously closed at $0.80.

HUB Cyber Security Stock Up 10.3 %

The firm’s 50 day moving average is $1.08 and its two-hundred day moving average is $1.83.

Hedge Funds Weigh In On HUB Cyber Security

A hedge fund recently raised its stake in HUB Cyber Security stock. K2 Principal Fund L.P. raised its holdings in HUB Cyber Security Ltd. (NASDAQ:HUBC) by 23.6% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 1,619,113 shares of the company’s stock after acquiring an additional 308,860 shares during the period. K2 Principal Fund L.P. owned 1.65% of HUB Cyber Security worth $379,000 at the end of the most recent reporting period. 4.70% of the stock is currently owned by hedge funds and other institutional investors.

HUB Cyber Security Company Profile

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.