Short Interest in SU Group Holdings Limited (NASDAQ:SUGP) Decreases By 43.0%

SU Group Holdings Limited (NASDAQ:SUGP) was the recipient of a large decline in short interest in the month of April. As of April 15th, there was short interest totaling 19,070 shares, a decline of 43.0% from the March 31st total of 33,480 shares. Based on an average daily volume of 4,023 shares, the short-interest ratio is presently 4.7 days. Currently, 1.4% of the shares of the company are sold short.

SU Group Stock Performance

SUGP opened at $4.45 on Monday. The firm has a fifty day moving average price of $5.09 and a 200 day moving average price of $5.97. SU Group has a 1 year low of $3.44 and a 1 year high of $18.40.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of SU Group in a research note on Tuesday, April 21st. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has a consensus 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.