SU Group Holdings Limited (NASDAQ:SUGP – Get Free Report) was the recipient of a large decrease in short interest in 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. Currently, 1.5% of the shares of the stock are sold short. Based on an average daily trading volume, of 8,653,007 shares, the short-interest ratio is presently 0.0 days.
SU Group Trading Up 0.6%
Shares of SUGP stock opened at $0.48 on Tuesday. SU Group has a 1 year low of $0.42 and a 1 year high of $11.00. The business’s fifty day moving average is $1.22 and its 200-day moving average is $3.83.
Wall Street Analyst Weigh In
SUGP has been the topic of several research analyst reports. Weiss Ratings reissued a “sell (d)” rating on shares of SU Group in a research note on Friday, July 17th. Wall Street Zen raised shares of SU Group to a “sell” rating in a research note on Saturday, July 4th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company 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.
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