SU Group Holdings Limited (NASDAQ:SUGP) Sees Significant Increase in Short Interest

SU Group Holdings Limited (NASDAQ:SUGP) was the recipient of a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 446,500 shares, anincreaseof1,461.2% from the June 30th total of 28,600 shares. Currently,11.1% of the company’s stock are sold short. Based on an average daily trading volume, of 4,090,000 shares, the short-interest ratio is currently 0.1 days. Based on an average daily trading volume, of 4,090,000 shares, the short-interest ratio is currently 0.1 days. Currently,11.1% of the company’s stock are sold short.

SU Group Stock Performance

Shares of SUGP stock opened at $0.75 on Monday. The company has a 50 day moving average of $0.74 and a 200-day moving average of $0.80. SU Group has a 12-month low of $0.35 and a 12-month high of $2.88.

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.