Short Interest in SU Group Holdings Limited (NASDAQ:SUGP) Decreases By 18.7%

SU Group Holdings Limited (NASDAQ:SUGP) saw a large decrease in short interest in February. As of February 27th, there was short interest totaling 66,355 shares, a decrease of 18.7% from the February 12th total of 81,650 shares. Approximately 4.8% of the company’s stock are short sold. Based on an average daily volume of 14,663 shares, the days-to-cover ratio is currently 4.5 days. Based on an average daily volume of 14,663 shares, the days-to-cover ratio is currently 4.5 days. Approximately 4.8% of the company’s stock are short sold.

SU Group Stock Down 1.4%

Shares of NASDAQ SUGP opened at $5.06 on Friday. SU Group has a fifty-two week low of $3.44 and a fifty-two week high of $18.40. The firm’s 50-day simple moving average is $5.77 and its 200 day simple moving average is $6.20.

Analysts Set New Price Targets

A number of analysts recently commented on the company. Weiss Ratings reaffirmed 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 report on Saturday, December 13th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently 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.