SU Group Holdings Limited (NASDAQ:SUGP – Get Free Report) was the target of a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 163,026 shares, an increase of 43.5% from the December 31st total of 113,617 shares. Currently, 11.8% of the shares of the stock are sold short. Based on an average trading volume of 233,522 shares, the short-interest ratio is currently 0.7 days. Based on an average trading volume of 233,522 shares, the short-interest ratio is currently 0.7 days. Currently, 11.8% of the shares of the stock are sold short.
Analyst Ratings Changes
SUGP has been the subject of several recent research reports. Weiss Ratings reissued a “sell (d)” rating on shares of SU Group in a report on Thursday, January 22nd. Wall Street Zen raised shares of SU Group to a “sell” rating in a research note on Saturday, December 13th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Sell”.
SU Group Trading Up 3.8%
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.
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