Short Interest in BUUU Group Limited (NASDAQ:BUUU) Increases By 83.0%

BUUU Group Limited (NASDAQ:BUUU) saw a significant growth in short interest in May. As of May 15th, there was short interest totaling 8,360 shares, a growth of 83.0% from the April 30th total of 4,568 shares. Based on an average trading volume of 40,295 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the company’s shares are short sold.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the stock. Weiss Ratings upgraded shares of BUUU Group from a “sell (e+)” rating to a “sell (d-)” rating in a report on Friday, May 1st. Wall Street Zen upgraded shares of BUUU Group to a “hold” rating in a report on Saturday, March 14th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has a consensus rating of “Sell”.

BUUU Group Trading Down 2.4%

NASDAQ BUUU opened at $18.06 on Thursday. BUUU Group has a 12-month low of $3.67 and a 12-month high of $26.00. The firm’s 50 day moving average is $16.59 and its 200-day moving average is $12.40.

BUUU Group (NASDAQ:BUUU) last released its earnings results on Friday, May 8th. The company reported ($0.03) earnings per share for the quarter. The company had revenue of $1.61 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.