SU Group Holdings Limited (NASDAQ:SUGP) Short Interest Update

SU Group Holdings Limited (NASDAQ:SUGP) was the recipient of a large drop in short interest during the month of April. As of April 30th, there was short interest totaling 5,181 shares, a drop of 72.8% from the April 15th total of 19,070 shares. Based on an average daily volume of 4,958 shares, the short-interest ratio is currently 1.0 days. Currently, 0.4% of the shares of the stock are sold short.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d)” rating on shares of SU Group in a research report on Tuesday, April 21st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, SU Group currently has an average rating of “Sell”.

SU Group Trading Up 10.6%

Shares of SUGP traded up $0.35 on Friday, reaching $3.66. 38,025 shares of the company’s stock were exchanged, compared to its average volume of 47,596. The business has a 50 day moving average price of $4.78 and a two-hundred day moving average price of $5.59. SU Group has a 12 month low of $2.78 and a 12 month high of $18.40.

About SU Group

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.