Short Interest in SU Group Holdings Limited (NASDAQ:SUGP) Decreases By 38.5%

SU Group Holdings Limited (NASDAQ:SUGP) was the recipient of a large decline in short interest in February. As of February 13th, there was short interest totaling 81,650 shares, a decline of 38.5% from the January 29th total of 132,662 shares. Based on an average daily volume of 24,163 shares, the short-interest ratio is presently 3.4 days. Currently, 5.9% of the shares of the stock are sold short. Currently, 5.9% of the shares of the stock are sold short. Based on an average daily volume of 24,163 shares, the short-interest ratio is presently 3.4 days.

SU Group Trading Down 1.5%

NASDAQ:SUGP opened at $5.13 on Friday. The stock has a 50 day moving average of $5.97 and a two-hundred day moving average of $6.22. SU Group has a 12 month low of $3.44 and a 12 month high of $18.40.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on SUGP shares. Weiss Ratings reiterated a “sell (d)” rating on shares of SU Group in a research report on Thursday, January 22nd. Wall Street Zen upgraded SU Group to a “sell” rating in a research report on Saturday, December 13th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, SU Group currently has an average rating of “Sell”.

SU Group Company Profile

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.