Nubia Brand International Corp. (NASDAQ:NUBIU – Get Rating) saw a large decrease in short interest in September. As of September 30th, there was short interest totalling 100 shares, a decrease of 85.7% from the September 15th total of 700 shares. Based on an average trading volume of 2,200 shares, the short-interest ratio is presently 0.0 days.

Hedge Funds Weigh In On Nubia Brand International

A number of hedge funds have recently made changes to their positions in the stock. Saba Capital Management L.P. purchased a new position in shares of Nubia Brand International during the 1st quarter worth approximately $9,895,000. Calamos Advisors LLC purchased a new position in shares of Nubia Brand International during the 1st quarter worth approximately $5,000,000. Starboard Value LP purchased a new position in shares of Nubia Brand International during the 1st quarter worth approximately $4,887,000. MMCAP International Inc. SPC purchased a new position in shares of Nubia Brand International during the 1st quarter worth approximately $4,635,000. Finally, Polar Asset Management Partners Inc. purchased a new position in shares of Nubia Brand International during the 1st quarter worth approximately $3,002,000.

Nubia Brand International Price Performance

The company has a fifty day moving average price of $10.11 and a 200 day moving average price of $10.06. Nubia Brand International has a one year low of $9.94 and a one year high of $10.50.

About Nubia Brand International

Nubia Brand International Corp. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to identify, acquire, and build a business operating in the wireless telecommunications sphere.

Featured Stories

• Get a free copy of the StockNews.com research report on Nubia Brand International (NUBIU)
• Put Pep In Your Portfolio With Low-Beta Pepsico
• Apple's Price Targets Are Changing
• Institutional Investors Are Buying These Two Stocks
• Is Take-Two Interactive Software Inc. a Q4 Winner?
• 3 Oil Stocks That Are Heating Back Up

Receive News & Ratings for Nubia Brand International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nubia Brand International and related companies with MarketBeat.com's FREE daily email newsletter.