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

SU Group Holdings Limited (NASDAQ:SUGP) saw a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 67,190 shares, a decrease of 70.1% from the June 30th total of 225,073 shares. Based on an average daily volume of 8,653,007 shares, the days-to-cover ratio is currently 0.0 days. Approximately 1.5% of the company’s shares are sold short.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on SUGP shares. Wall Street Zen upgraded SU Group to a “sell” rating in a research report on Saturday, July 4th. Weiss Ratings reissued a “sell (d)” rating on shares of SU Group in a research note on Friday, July 17th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

SU Group Stock Performance

Shares of SUGP stock opened at $0.48 on Friday. The company’s 50-day simple moving average is $1.29 and its two-hundred day simple moving average is $3.88. SU Group has a one year low of $0.42 and a one year high of $11.00.

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.