Short Interest in SU Group Holdings Limited (NASDAQ:SUGP) Drops By 48.1%

SU Group Holdings Limited (NASDAQ:SUGP) was the target of a large decrease in short interest in January. As of January 15th, there was short interest totalling 52,600 shares, a decrease of 48.1% from the December 31st total of 101,400 shares. Currently, 1.3% of the company’s shares are short sold. Based on an average trading volume of 686,300 shares, the days-to-cover ratio is currently 0.1 days.

SU Group Stock Performance

Shares of SU Group stock traded up $0.03 during midday trading on Thursday, hitting $1.02. The company’s stock had a trading volume of 9,176 shares, compared to its average volume of 52,204. The stock has a 50-day simple moving average of $1.32 and a 200-day simple moving average of $1.62. SU Group has a 1-year low of $0.76 and a 1-year high of $5.86.

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.