Short Interest in SU Group Holdings Limited (NASDAQ:SUGP) Decreases By 48.5%

SU Group Holdings Limited (NASDAQ:SUGP) saw a large decrease in short interest during the month of July. As of July 31st, there was short interest totaling 34,595 shares, a decrease of 48.5% from the July 15th total of 67,190 shares. Based on an average daily volume of 735,621 shares, the days-to-cover ratio is currently 0.0 days. Approximately 3.9% of the company’s stock are sold short.

SU Group Price Performance

Shares of SU Group stock opened at $1.98 on Friday. The firm has a fifty day moving average price of $3.42 and a two-hundred day moving average price of $16.33. SU Group has a fifty-two week low of $1.16 and a fifty-two week high of $55.00.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. Weiss Ratings cut shares of SU Group from a “sell (d)” rating to a “sell (d-)” rating in a report on Wednesday. Wall Street Zen upgraded SU Group to a “sell” rating in a report on Saturday, July 4th. One analyst has rated the stock with a Sell rating, According to MarketBeat, SU Group 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.