BUUU Group Limited (NASDAQ:BUUU) Sees Large Decline in Short Interest

BUUU Group Limited (NASDAQ:BUUU) saw a large drop in short interest in June. As of June 15th, there was short interest totaling 3,270 shares, a drop of 40.4% from the May 31st total of 5,487 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 18,638 shares, the short-interest ratio is presently 0.2 days.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Wall Street Zen raised BUUU Group to a “hold” rating in a research report on Saturday. Weiss Ratings raised BUUU Group from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Friday, May 1st. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has a consensus rating of “Sell”.

BUUU Group Stock Performance

NASDAQ BUUU traded down $0.67 on Wednesday, hitting $22.35. 8,638 shares of the stock were exchanged, compared to its average volume of 35,056. The business’s fifty day moving average is $18.04 and its 200 day moving average is $13.87. BUUU Group has a 52 week low of $3.67 and a 52 week high of $27.00.

BUUU Group (NASDAQ:BUUU) last announced its quarterly earnings data on Friday, May 8th. The company reported ($0.03) EPS for the quarter. The firm had revenue of $1.61 million for the quarter.

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.