SU Group Holdings Limited (NASDAQ:SUGP) Short Interest Update

SU Group Holdings Limited (NASDAQ:SUGP) was the recipient of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 224,604 shares, a growth of 445.1% from the May 14th total of 41,205 shares. Approximately 16.3% of the shares of the stock are sold short. Based on an average trading volume of 651,006 shares, the days-to-cover ratio is currently 0.3 days.

SU Group Stock Performance

NASDAQ:SUGP traded down $0.24 on Friday, hitting $0.92. The stock had a trading volume of 913,413 shares, compared to its average volume of 811,907. The company has a fifty day moving average price of $3.64 and a two-hundred day moving average price of $5.04. SU Group has a 1-year low of $0.66 and a 1-year high of $18.40.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d)” rating on shares of SU Group in a research report on Tuesday, April 21st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Sell”.

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.