BUUU Group Limited (NASDAQ:BUUU) Short Interest Down 40.4% in June

BUUU Group Limited (NASDAQ:BUUU) saw a large decrease in short interest in June. As of June 15th, there was short interest totaling 3,270 shares, a decrease of 40.4% from the May 31st total of 5,487 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 18,638 shares, the days-to-cover ratio is currently 0.2 days.

BUUU Group Stock Performance

Shares of BUUU remained flat at $21.80 during trading hours on Friday. The company had a trading volume of 53,962 shares, compared to its average volume of 34,477. The stock has a 50-day simple moving average of $18.32 and a two-hundred day simple moving average of $14.07. BUUU Group has a twelve month low of $3.67 and a twelve month high of $27.45.

BUUU Group (NASDAQ:BUUU) last posted its quarterly earnings results on Friday, May 8th. The company reported ($0.03) earnings per share (EPS) for the quarter. The business had revenue of $1.61 million during the quarter.

Wall Street Analyst Weigh In

BUUU has been the topic of a number of analyst reports. Weiss Ratings raised BUUU Group from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Friday, May 1st. Wall Street Zen raised BUUU Group to a “hold” rating in a report on Saturday, June 27th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, BUUU Group 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.