BUUU Group Limited (NASDAQ:BUUU) Short Interest Up 83.0% in May

by · The Markets Daily

BUUU Group Limited (NASDAQ:BUUU – Get Free Report) was the target of a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 8,360 shares, a growth of 83.0% from the April 30th total of 4,568 shares. Based on an average daily volume of 40,295 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are sold short.

Analysts Set New Price Targets

A number of brokerages recently issued reports on BUUU. Weiss Ratings upgraded shares of BUUU Group from a “sell (e+)” rating to a “sell (d-)” rating in a report on Friday, May 1st. Wall Street Zen upgraded shares of BUUU Group to a “hold” rating in a report on Saturday, March 14th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has an average rating of “Sell”.

Read Our Latest Research Report on BUUU Group

BUUU Group Stock Up 0.9%

Shares of BUUU opened at $19.37 on Tuesday. The stock has a 50 day simple moving average of $16.46 and a two-hundred day simple moving average of $12.26. BUUU Group has a 1 year low of $3.67 and a 1 year high of $26.00.

BUUU Group (NASDAQ:BUUU – Get Free Report) last released its quarterly earnings data on Friday, May 8th. The company reported ($0.03) earnings per share for the quarter. The firm had revenue of $1.61 million during the quarter.

About BUUU Group

(Get Free Report)

Established in 2017, we have rapidly grown into a premier Meetings, Incentives, Conferences, and Exhibitions (“MICE”) solutions provider based in Hong Kong. Our comprehensive marketing service portfolio is designed to meet the diverse needs of our clients, spanning across two core areas: (i) event management and (ii) stage production. (a) Event management services In the realm of event management, our operating subsidiary, BU Creation, excels as creative planners and meticulous executors. We curate and manage a wide spectrum of events, including cultural, artistic, recreational, and corporate promotions.

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