SU Group Holdings Limited (NASDAQ:SUGP) Short Interest Down 14.7% in March

SU Group Holdings Limited (NASDAQ:SUGP) was the target of a large drop in short interest in March. As of March 13th, there was short interest totaling 56,630 shares, a drop of 14.7% from the February 26th total of 66,355 shares. Approximately 4.1% of the company’s stock are sold short. Based on an average daily volume of 4,305 shares, the short-interest ratio is presently 13.2 days.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the company. Wall Street Zen raised SU Group to a “sell” rating in a report on Saturday, December 13th. Weiss Ratings reiterated a “sell (d)” rating on shares of SU Group in a report on Thursday, January 22nd. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has a consensus rating of “Sell”.

SU Group Stock Up 0.3%

SU Group stock traded up $0.02 during midday trading on Tuesday, reaching $5.02. 1,612 shares of the company traded hands, compared to its average volume of 65,728. SU Group has a 12 month low of $3.44 and a 12 month high of $18.40. The business has a 50 day moving average of $5.48 and a two-hundred day moving average of $6.11.

SU Group Company Profile

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.