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

SU Group Holdings Limited (NASDAQ:SUGP) saw a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 260,300 shares, an increase of 4,238.3% from the October 31st total of 6,000 shares. Currently, 6.5% of the shares of the stock are sold short. Based on an average daily volume of 574,700 shares, the days-to-cover ratio is currently 0.5 days.

SU Group Price Performance

Shares of SU Group stock traded down $0.01 during trading hours on Wednesday, reaching $1.86. 26,693 shares of the company’s stock were exchanged, compared to its average volume of 293,083. The business has a fifty day moving average of $1.37 and a two-hundred day moving average of $1.99. SU Group has a 1 year low of $0.98 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.