BUUU Group Limited (NASDAQ:BUUU) Short Interest Down 34.4% in May

BUUU Group Limited (NASDAQ:BUUU) was the recipient of a significant decline in short interest in May. As of May 29th, there was short interest totaling 5,487 shares, a decline of 34.4% from the May 14th total of 8,360 shares. Based on an average daily trading volume, of 23,066 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the company are short sold.

BUUU Group Price Performance

Shares of NASDAQ BUUU opened at $18.06 on Wednesday. The business has a fifty day moving average of $16.92 and a two-hundred day moving average of $12.97. BUUU Group has a 52-week low of $3.67 and a 52-week high of $26.00.

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

Analyst Ratings Changes

A number of equities research analysts have weighed in on BUUU shares. Weiss Ratings upgraded shares of BUUU Group from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Friday, May 1st. Wall Street Zen raised 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, Based on data from MarketBeat, BUUU Group presently has a consensus rating of “Sell”.

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.