SU Group Holdings Limited (NASDAQ:SUGP) Short Interest Update

by · The Cerbat Gem

SU Group Holdings Limited (NASDAQ:SUGP – Get Free Report) was the recipient of a large drop in short interest in December. As of December 31st, there was short interest totaling 113,617 shares, a drop of 32.0% from the December 15th total of 167,166 shares. Approximately 8.2% of the shares of the stock are sold short. Based on an average daily volume of 62,641 shares, the days-to-cover ratio is presently 1.8 days. Based on an average daily volume of 62,641 shares, the days-to-cover ratio is presently 1.8 days. Approximately 8.2% of the shares of the stock are sold short.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on SUGP shares. Wall Street Zen raised SU Group to a “sell” rating in a report on Saturday, December 13th. Weiss Ratings reissued a “sell (d)” rating on shares of SU Group in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, SU Group presently has an average rating of “Sell”.

Check Out Our Latest Report on SU Group

SU Group Price Performance

SUGP traded down $0.12 on Friday, reaching $6.55. The stock had a trading volume of 525,839 shares, compared to its average volume of 263,438. SU Group has a fifty-two week low of $3.44 and a fifty-two week high of $18.40. The firm has a 50-day moving average of $6.13 and a 200-day moving average of $6.69.

SU Group Company Profile

(Get Free Report)

SU Group Holdings Limited, through its subsidiaries, operates as an integrated security-related services company in Hong Kong and internationally. The company operates through two segments, Security-Related Engineering Services Business; and Security Guarding and Screening Services Business. It primarily provides security-related engineering, security guarding and screening, and related vocational training services. The company also engages in the design, supply, installation, maintenance, and testing and commissioning of various security systems.

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