HUB Cyber Security Surges 42% Following Filings, Nasdaq Status Update
HUB Cyber Security Ltd. jumped 42.37% to close at $1.68 on Monday. Shares opened at $1.44, swinging between $1.35 and $2.56 during the session. HUBC saw much more volatility than usual for the Nasdaq micro cap. After the bell, the stock was up again, changing hands at $1.86, up 10.71% in after-hours trading, according to StockAnalysis. Volume hit 48.9 million. That’s far above normal for a $5.6 million market cap company. Market cap is stock price times outstanding shares. Recent owner filings and post-split trading have pushed the stock higher. MarketBeat’s tracker has kept up a steady stream of Schedule 13G and 13G/A filings for HUBC through early June. These are passive beneficial-ownership forms, not company updates. The latest was an amended 13G/A from Matthew James Schad, filed June 12. StockTitan says Schad holds 5,769 shares, or 0.17% of the class. That’s not a large position.
