BUUU Group Limited (NASDAQ:BUUU) Sees Significant Increase in Short Interest

BUUU Group Limited (NASDAQ:BUUU) was the recipient of a significant increase in short interest in August. As of August 14th, there was short interest totaling 7,330 shares, an increase of 71.4% from the July 30th total of 4,277 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 94,972 shares, the short-interest ratio is currently 0.1 days.

BUUU Group Stock Down 5.0%

Shares of BUUU stock opened at $29.10 on Wednesday. The business has a 50-day moving average price of $24.37 and a two-hundred day moving average price of $19.04. BUUU Group has a 12-month low of $5.24 and a 12-month high of $38.90.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Weiss Ratings reissued a “sell (d-)” rating on shares of BUUU Group in a report on Wednesday, July 29th. Wall Street Zen raised shares of BUUU Group to a “hold” rating in a report on Saturday, June 27th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has a consensus rating of “Sell”.

About BUUU Group

Established in 2017, we have rapidly grown into a premier Meetings, Incentives, Conferences, and Exhibitions (“MICE”) solutions provider based in Hong Kong. Our comprehensive marketing service portfolio is designed to meet the diverse needs of our clients, spanning across two core areas: (i) event management and (ii) stage production. (a) Event management services In the realm of event management, our operating subsidiary, BU Creation, excels as creative planners and meticulous executors. We curate and manage a wide spectrum of events, including cultural, artistic, recreational, and corporate promotions.