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

SU Group Holdings Limited (NASDAQ:SUGP) saw a significant decline in short interest during the month of June. As of June 15th, there was short interest totaling 111,107 shares, a decline of 50.5% from the May 31st total of 224,604 shares. Currently, 8.1% of the shares of the company are sold short. Based on an average daily trading volume, of 7,083,841 shares, the short-interest ratio is presently 0.0 days.

SU Group Price Performance

SUGP traded down $0.03 during midday trading on Thursday, reaching $0.82. 292,768 shares of the company were exchanged, compared to its average volume of 3,099,557. SU Group has a one year low of $0.66 and a one year high of $18.40. The stock’s 50-day simple moving average is $2.53 and its 200 day simple moving average is $4.52.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of SU Group in a research report on Tuesday, April 21st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has an average rating of “Sell”.

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.