SU Group Holdings Limited (NASDAQ:SUGP) Short Interest Up 695.3% in May

SU Group Holdings Limited (NASDAQ:SUGP) was the target of a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 41,205 shares, a growth of 695.3% from the April 30th total of 5,181 shares. Based on an average daily volume of 20,137 shares, the days-to-cover ratio is presently 2.0 days. Approximately 3.0% of the shares of the company are short sold.

SU Group Trading Down 9.2%

Shares of SUGP stock opened at $2.66 on Thursday. SU Group has a 1 year low of $2.57 and a 1 year high of $18.40. The stock has a fifty day moving average of $4.52 and a two-hundred day moving average of $5.42.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d)” rating on shares of SU Group in a research report on Tuesday, April 21st. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, SU Group currently has a consensus 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.