Short Interest in SU Group Holdings Limited (NASDAQ:SUGP) Drops By 34.0%

SU Group Holdings Limited (NASDAQ:SUGP) was the recipient of a significant decline in short interest during the month of December. As of December 15th, there was short interest totalling 89,400 shares, a decline of 34.0% from the November 30th total of 135,500 shares. Based on an average trading volume of 559,200 shares, the short-interest ratio is presently 0.2 days. Approximately 2.2% of the shares of the company are sold short.

SU Group Stock Performance

Shares of SUGP stock traded down $0.09 during mid-day trading on Friday, hitting $1.20. 630,816 shares of the stock were exchanged, compared to its average volume of 311,724. The stock’s fifty day simple moving average is $1.47 and its two-hundred day simple moving average is $1.82. SU Group has a 12-month low of $0.76 and a 12-month 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.