BUUU Group Limited (NASDAQ:BUUU) Sees Large Growth in Short Interest

BUUU Group Limited (NASDAQ:BUUU) was the recipient of a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 12,198 shares, a growth of 92.1% from the January 15th total of 6,350 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 65,204 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 65,204 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the company’s stock are sold short.

BUUU Group Stock Performance

Shares of BUUU traded up $1.02 during midday trading on Friday, reaching $13.62. The stock had a trading volume of 73,680 shares, compared to its average volume of 68,630. BUUU Group has a one year low of $3.67 and a one year high of $20.76. The company’s 50 day simple moving average is $8.48. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.61 and a quick ratio of 1.61.

Wall Street Analyst Weigh In

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

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.