BUUU Group Limited (NASDAQ:BUUU) Sees Significant Drop in Short Interest

BUUU Group Limited (NASDAQ:BUUUGet Free Report) was the recipient of a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 5,487 shares, a decrease of 34.4% from the May 14th total of 8,360 shares. Based on an average daily trading volume, of 23,066 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are sold short.

BUUU Group Stock Performance

BUUU stock traded down $0.42 during mid-day trading on Tuesday, hitting $18.46. The company had a trading volume of 16,006 shares, compared to its average volume of 33,608. BUUU Group has a 12 month low of $3.67 and a 12 month high of $26.00. The stock’s fifty day moving average price is $16.88 and its two-hundred day moving average price is $12.90.

BUUU Group (NASDAQ:BUUUGet Free Report) last announced its quarterly earnings data on Friday, May 8th. The company reported ($0.03) EPS for the quarter. The business had revenue of $1.61 million for the quarter.

Wall Street Analyst Weigh In

Several research firms have weighed in on BUUU. Wall Street Zen upgraded shares of BUUU Group to a “hold” rating in a report on Saturday, March 14th. Weiss Ratings upgraded shares of BUUU Group from a “sell (e+)” rating to a “sell (d-)” rating in a report on Friday, May 1st. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, BUUU Group currently has a consensus rating of “Sell”.

Read Our Latest Stock Analysis on BUUU Group

About BUUU Group

(Get Free Report)

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.

Further Reading

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