Short Interest in SU Group Holdings Limited (NASDAQ:SUGP) Expands By 987.5%

SU Group Holdings Limited (NASDAQ:SUGP) was the recipient of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 17,400 shares, an increase of 987.5% from the August 15th total of 1,600 shares. Approximately 4.3% of the company’s shares are sold short. Based on an average daily volume of 428,900 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily volume of 428,900 shares, the days-to-cover ratio is currently 0.0 days. Approximately 4.3% of the company’s shares are sold short.

SU Group Trading Up 6.5%

Shares of SU Group stock opened at $6.40 on Friday. The stock has a 50 day moving average price of $7.29 and a 200-day moving average price of $7.16. SU Group has a one year low of $3.44 and a one year high of $26.60.

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.