SU Group Holdings Limited (NASDAQ:SUGP) Short Interest Down 32.0% in December

SU Group Holdings Limited (NASDAQ:SUGP) saw a significant decline in short interest in December. As of December 31st, there was short interest totaling 113,617 shares, a decline of 32.0% from the December 15th total of 167,166 shares. Currently, 8.2% of the company’s stock are sold short. Based on an average daily trading volume, of 62,641 shares, the short-interest ratio is presently 1.8 days. Based on an average daily trading volume, of 62,641 shares, the short-interest ratio is presently 1.8 days. Currently, 8.2% of the company’s stock are sold short.

Analyst Ratings Changes

A number of research analysts have recently issued reports on SUGP shares. Wall Street Zen upgraded SU Group to a “sell” rating in a report on Saturday, December 13th. Weiss Ratings reiterated a “sell (d)” rating on shares of SU Group in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.

SU Group Trading Down 1.8%

NASDAQ:SUGP traded down $0.12 during mid-day trading on Friday, hitting $6.55. 525,839 shares of the company’s stock traded hands, compared to its average volume of 143,801. The company has a fifty day moving average of $6.15 and a 200 day moving average of $6.72. SU Group has a twelve month low of $3.44 and a twelve month high of $18.40.

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.