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

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

SU Group Stock Up 0.1%

Shares of NASDAQ SUGP traded up $0.00 during trading on Tuesday, hitting $0.82. 104,885 shares of the company traded hands, compared to its average volume of 3,143,211. SU Group has a 1 year low of $0.66 and a 1 year high of $18.40. The company has a 50-day moving average price of $2.69 and a 200-day moving average price of $4.60.

Analysts Set New Price Targets

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

Read Our Latest Stock Report on SUGP

About SU Group

(Get Free Report)

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.

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