MasterBeef Group (NASDAQ:MB) Sees Large Increase in Short Interest

MasterBeef Group (NASDAQ:MB) was the recipient of a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 9,194 shares, a growth of 404.3% from the May 31st total of 1,823 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 21,220 shares, the days-to-cover ratio is currently 0.4 days.

Analyst Ratings Changes

Separately, Weiss Ratings raised shares of MasterBeef Group from a “sell (d-)” rating to a “sell (d)” rating in a report on Friday, May 1st. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has an average rating of “Sell”.

Hedge Funds Weigh In On MasterBeef Group

A hedge fund recently bought a new position in MasterBeef Group stock. Geode Capital Management LLC acquired a new position in shares of MasterBeef Group (NASDAQ:MB) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 10,878 shares of the technology company’s stock, valued at approximately $92,000. Geode Capital Management LLC owned approximately 0.06% of MasterBeef Group as of its most recent filing with the Securities & Exchange Commission.

MasterBeef Group Trading Down 4.2%

MasterBeef Group stock traded down $0.23 during trading hours on Friday, reaching $5.33. 40,170 shares of the company’s stock traded hands, compared to its average volume of 14,926. The company has a debt-to-equity ratio of 1.54, a quick ratio of 1.38 and a current ratio of 1.55. MasterBeef Group has a fifty-two week low of $3.50 and a fifty-two week high of $16.40. The firm’s 50 day moving average is $6.50 and its 200-day moving average is $6.23.

MasterBeef Group (NASDAQ:MB) last posted its earnings results on Friday, May 15th. The technology company reported ($0.08) earnings per share (EPS) for the quarter. The firm had revenue of $14.80 million during the quarter.

MasterBeef Group Company Profile

MINDBODY, Inc operates a cloud-based business management software and payments platform for the small and medium-sized businesses in the wellness services industry. Its platform enables businesses to run, market, and build scheduling and online booking, performance tracking, staff management, client relationship management, integrated payment processing, retail point-of-sale, purchase tracking, inventory, hardware integration, analytics and reporting, branded Web, mobility, social integration, client acquisition dashboard, security and compliance, and integration with other cloud-based partners for yoga, Pilates, indoor cycling, group and personal training, boutique fitness, salons, spas, and integrative health businesses.