Short Interest in BUUU Group Limited (NASDAQ:BUUU) Decreases By 16.7%

BUUU Group Limited (NASDAQ:BUUU) saw a significant decline in short interest in March. As of March 13th, there was short interest totaling 3,902 shares, a decline of 16.7% from the February 26th total of 4,683 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 17,558 shares, the days-to-cover ratio is presently 0.2 days.

BUUU Group Price Performance

BUUU stock traded up $1.46 on Tuesday, reaching $15.02. The company had a trading volume of 2,361 shares, compared to its average volume of 45,579. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.61 and a quick ratio of 1.61. The company’s fifty day moving average is $12.66 and its 200 day moving average is $9.64. BUUU Group has a 1 year low of $3.67 and a 1 year high of $20.76.

Wall Street Analyst Weigh In

Several research firms have weighed in on BUUU. Wall Street Zen raised BUUU Group to a “hold” rating in a report on Saturday, March 14th. Weiss Ratings reiterated a “sell (e)” rating on shares of BUUU Group in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has an average rating of “Sell”.

About BUUU Group

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.