BUUU Group Limited (NASDAQ:BUUU) Short Interest Up 153.6% in December

BUUU Group Limited (NASDAQ:BUUU) was the recipient of a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 22,839 shares, an increase of 153.6% from the December 15th total of 9,006 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 127,658 shares, the days-to-cover ratio is presently 0.2 days. Based on an average trading volume of 127,658 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are sold short.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (e)” rating on shares of BUUU Group in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has an average rating of “Sell”.

BUUU Group Stock Performance

Shares of BUUU Group stock opened at $8.52 on Wednesday. The firm’s 50 day moving average is $7.91. BUUU Group has a 1 year low of $3.67 and a 1 year high of $20.76.

BUUU Group Company Profile

Established in 2017, we have rapidly grown into a premier Meetings, Incentives, Conferences, and Exhibitions (“MICE”) solutions provider based in Hong Kong. Our comprehensive marketing service portfolio is designed to meet the diverse needs of our clients, spanning across two core areas: (i) event management and (ii) stage production. (a) Event management services In the realm of event management, our operating subsidiary, BU Creation, excels as creative planners and meticulous executors. We curate and manage a wide spectrum of events, including cultural, artistic, recreational, and corporate promotions.