SU Group Holdings Limited (NASDAQ:SUGP) Sees Large Decrease in Short Interest

SU Group Holdings Limited (NASDAQ:SUGP) saw a significant decrease in short interest during the month of July. As of July 31st, there was short interest totalling 35,700 shares, a decrease of 33.9% from the July 15th total of 54,000 shares. Based on an average daily volume of 29,800 shares, the short-interest ratio is currently 1.2 days. Approximately 1.0% of the company’s stock are sold short.

SU Group Stock Performance

Shares of SUGP stock traded down $0.30 on Friday, hitting $1.89. The stock had a trading volume of 121,606 shares, compared to its average volume of 176,327. The business has a 50 day moving average of $2.57 and a 200 day moving average of $2.70. SU Group has a 12-month low of $1.83 and a 12-month high of $5.86.

About SU Group

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.