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

SU Group Holdings Limited (NASDAQ:SUGP) was the recipient of a significant growth in short interest during the month of August. As of August 31st, there was short interest totalling 35,600 shares, a growth of 63.3% from the August 15th total of 21,800 shares. Approximately 0.9% of the company’s stock are short sold. Based on an average daily trading volume, of 61,400 shares, the days-to-cover ratio is currently 0.6 days.

SU Group Stock Performance

SUGP traded down $0.04 during midday trading on Friday, reaching $1.50. 93,780 shares of the company were exchanged, compared to its average volume of 134,730. SU Group has a one year low of $0.98 and a one year high of $5.86. The company’s fifty day moving average price is $2.28 and its 200 day moving average price is $2.42.

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.