SU Group Holdings Limited (NASDAQ:SUGP) Short Interest Up 695.3% in May

SU Group Holdings Limited (NASDAQ:SUGP) saw a large increase in short interest in May. As of May 15th, there was short interest totaling 41,205 shares, an increase of 695.3% from the April 30th total of 5,181 shares. Approximately 3.0% of the company’s stock are sold short. Based on an average daily trading volume, of 20,137 shares, the days-to-cover ratio is currently 2.0 days.

Analyst Ratings Changes

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

SU Group Trading Down 32.2%

Shares of NASDAQ:SUGP traded down $0.48 during trading hours on Friday, reaching $1.01. The stock had a trading volume of 1,059,428 shares, compared to its average volume of 104,531. SU Group has a 1 year low of $0.89 and a 1 year high of $18.40. The firm’s 50 day moving average is $4.45 and its 200-day moving average is $5.39.

About SU Group

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.