BUUU Group Limited (NASDAQ:BUUU) Shares Shorted: Short Interest Up 172.8% in September

BUUU Group Limited (NASDAQ:BUUU – Get Free Report) was the target of a significant growth in short interest in September. As of September 30th, there was short interest totaling 20,959 shares, a growth of 172.8% from the September 15th total of 7,682 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 95,512 shares, the short-interest ratio is currently 0.2 days.

BUUU Group Trading Down 1.8%

Shares of BUUU Group stock traded down $0.77 during trading on Wednesday, hitting $41.55. The stock had a trading volume of 17,251 shares, compared to its average volume of 53,520. The business has a fifty day moving average of $35.96 and a two-hundred day moving average of $24.57. BUUU Group has a fifty-two week low of $5.70 and a fifty-two week high of $52.91.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on BUUU shares. Weiss Ratings upgraded shares of BUUU Group from a “sell (d-)” rating to a “sell (d)” rating in a research note on Tuesday, September 1st. Wall Street Zen upgraded BUUU Group to a “hold” rating in a research report on Saturday, June 27th. One analyst has rated the stock with a Sell rating. According to MarketBeat.com, the stock has a consensus rating of “Sell”.

Read Our Latest Stock Report on BUUU

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.

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