BUUU Group Limited (NASDAQ:BUUU) Short Interest Up 71.4% in August

BUUU Group Limited (NASDAQ:BUUU) saw a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 7,330 shares, a growth of 71.4% from the July 30th total of 4,277 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 94,972 shares, the days-to-cover ratio is presently 0.1 days.

Wall Street Analyst Weigh In

BUUU has been the topic of several recent research reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of BUUU Group in a research note on Wednesday, July 29th. Wall Street Zen upgraded BUUU Group to a “hold” rating in a research report on Saturday, June 27th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, BUUU Group has a consensus rating of “Sell”.

BUUU Group Trading Down 0.7%

BUUU stock traded down $0.20 during mid-day trading on Monday, reaching $28.50. 31,936 shares of the stock traded hands, compared to its average volume of 46,085. BUUU Group has a one year low of $5.24 and a one year high of $38.90. The business has a 50-day moving average price of $24.01 and a two-hundred day moving average price of $18.77.

BUUU Group Company Profile

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.