BUUU Group Limited (NASDAQ:BUUU) Shares Shorted: Short Interest Up 68.8% in October

BUUU Group Limited (NASDAQ:BUUU) was the recipient of a significant increase in short interest in October. As of October 15th, there was short interest totaling 35,386 shares, an increase of 68.8% from the September 30th total of 20,959 shares. Based on an average daily volume of 113,557 shares, the short-interest ratio is currently 0.3 days. Approximately 0.2% of the company’s stock are short sold.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised shares of BUUU Group from a “sell (d)” rating to a “sell (d+)” rating in a research report on Monday, October 26th. One investment analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the stock currently has a consensus rating of “Sell”.

BUUU Group Stock Performance

BUUU Group stock opened at $7.38 on Wednesday. BUUU Group has a 12 month low of $0.57 and a 12 month high of $8.10. The stock’s 50 day simple moving average is $4.25 and its two-hundred day simple moving average is $2.36.

BUUU Group (NASDAQ:BUUU) last posted its quarterly earnings data on Friday, October 30th. The company reported ($0.01) earnings per share (EPS) for the quarter. The business had revenue of $1.71 million for the quarter.

BUUU Group Company Profile

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.