BUUU Group Limited (NASDAQ:BUUU) Sees Significant Growth in Short Interest

BUUU Group Limited (NASDAQ:BUUU) was the target of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 20,959 shares, a growth of 172.8% from the September 15th total of 7,682 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 95,512 shares, the days-to-cover ratio is presently 0.2 days.

Analyst Upgrades and Downgrades

BUUU has been the topic of several analyst reports. Wall Street Zen raised BUUU Group to a “hold” rating in a report on Saturday, June 27th. Weiss Ratings upgraded BUUU Group from a “sell (d-)” rating to a “sell (d)” rating in a report on Tuesday, September 1st. One research analyst has rated the stock with a Sell rating. According to MarketBeat, the company has an average rating of “Sell”.

BUUU Group Stock Up 3.4%

BUUU Group stock traded up $1.39 during trading hours on Tuesday, hitting $42.47. The stock had a trading volume of 39,244 shares, compared to its average volume of 53,398. The stock’s 50-day moving average price is $35.59 and its 200-day moving average price is $24.39. BUUU Group has a 12-month low of $5.70 and a 12-month high of $52.91.

BUUU Group Company Profile

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.