SU Group Holdings Limited (NASDAQ:SUGP) Short Interest Update

SU Group Holdings Limited (NASDAQ:SUGP) was the recipient of a large decrease in short interest in the month of April. As of April 30th, there was short interest totaling 5,181 shares, a decrease of 72.8% from the April 15th total of 19,070 shares. Approximately 0.4% of the shares of the company are sold short. Based on an average daily volume of 4,958 shares, the short-interest ratio is presently 1.0 days.

SU Group Trading Down 12.0%

Shares of NASDAQ:SUGP traded down $0.45 during trading on Thursday, reaching $3.31. The company had a trading volume of 32,655 shares, compared to its average volume of 47,687. SU Group has a fifty-two week low of $2.78 and a fifty-two week high of $18.40. The stock’s fifty day moving average price is $4.78 and its 200 day moving average price is $5.59.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d)” rating on shares of SU Group in a research note on Tuesday, April 21st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the company has an average 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.