Short Interest in BUUU Group Limited (NASDAQ:BUUU) Drops By 40.4%

BUUU Group Limited (NASDAQ:BUUU) saw a significant decrease in short interest in June. As of June 15th, there was short interest totaling 3,270 shares, a decrease of 40.4% from the May 31st total of 5,487 shares. Based on an average trading volume of 18,638 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the company’s stock are sold short.

BUUU Group Trading Down 2.9%

NASDAQ:BUUU traded down $0.67 during trading hours on Wednesday, reaching $22.35. 8,638 shares of the stock were exchanged, compared to its average volume of 35,056. BUUU Group has a twelve month low of $3.67 and a twelve month high of $27.00. The firm has a 50 day moving average of $18.04 and a 200 day moving average of $13.87.

BUUU Group (NASDAQ:BUUU) last posted its quarterly earnings data on Friday, May 8th. The company reported ($0.03) earnings per share (EPS) for the quarter. The firm had revenue of $1.61 million for the quarter.

Wall Street Analysts Forecast Growth

BUUU has been the topic of several research reports. Wall Street Zen raised shares of BUUU Group to a “hold” rating in a research report on Saturday. Weiss Ratings upgraded BUUU Group from a “sell (e+)” rating to a “sell (d-)” rating in a report on Friday, May 1st. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has a consensus rating of “Sell”.

About BUUU Group

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.