SU Group Holdings Limited (NASDAQ:SUGP) Sees Significant Decrease in Short Interest

SU Group Holdings Limited (NASDAQ:SUGP) was the recipient of a significant decrease in short interest during the month of October. As of October 30th, there was short interest totaling 7,085 shares, a decrease of 90.1% from the October 15th total of 71,447 shares. Currently, 0.5% of the shares of the stock are sold short. Based on an average daily trading volume, of 45,839 shares, the days-to-cover ratio is presently 0.2 days.

Wall Street Analyst Weigh In

A number of research analysts have commented on SUGP shares. Weiss Ratings lowered SU Group from a “sell (d)” rating to a “sell (d-)” rating in a research report on Wednesday, October 21st. Wall Street Zen upgraded shares of SU Group from a “sell” rating to a “hold” rating in a report on Saturday, October 3rd. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, SU Group currently has a consensus rating of “Sell”.

SU Group Price Performance

Shares of SU Group stock traded down $0.15 on Thursday, hitting $1.16. The stock had a trading volume of 67,555 shares, compared to its average volume of 371,586. The business’s 50 day moving average is $2.48 and its two-hundred day moving average is $68.77. SU Group has a twelve month low of $1.00 and a twelve month high of $291.00.

SU Group (NASDAQ:SUGP) last posted its quarterly earnings data on Tuesday, September 29th. The company reported ($5.54) EPS for the quarter. The business had revenue of $5.51 million during the quarter.

About SU Group

SU Group Holdings Limited (NASDAQ:SUGP) is a Hong Kong-based provider of security services and solutions. Through its operating subsidiaries, the company serves commercial, residential, public-sector and other institutional customers with integrated security offerings. The company’s activities include security guarding, security systems integration, and the installation, maintenance and servicing of electronic security systems. Its solutions may incorporate technologies such as closed-circuit television, access control, alarm systems and related monitoring or communications equipment, helping customers protect people, property and facilities.