MasterBeef Group (NASDAQ:MB) Short Interest Update

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

Institutional Trading of MasterBeef Group

An institutional investor recently bought a new position in MasterBeef Group stock. Geode Capital Management LLC purchased a new position in shares of MasterBeef Group (NASDAQ:MB) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 10,878 shares of the technology company’s stock, valued at approximately $92,000. Geode Capital Management LLC owned about 0.06% of MasterBeef Group as of its most recent SEC filing.

MasterBeef Group Stock Performance

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

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

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings upgraded MasterBeef Group from a “sell (d-)” rating to a “sell (d)” rating in a report on Friday, May 1st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has a consensus rating of “Sell”.

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.