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

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

BUUU Group Stock Up 0.9%

Shares of BUUU Group stock opened at $19.37 on Tuesday. The stock’s fifty day moving average is $16.46 and its two-hundred day moving average is $12.26. BUUU Group has a 52 week low of $3.67 and a 52 week high of $26.00.

BUUU Group (NASDAQ:BUUU) last issued its earnings results on Friday, May 8th. The company reported ($0.03) earnings per share for the quarter. The business had revenue of $1.61 million during the quarter.

Analyst Ratings Changes

A number of analysts have issued reports on the company. Weiss Ratings raised BUUU Group from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Friday, May 1st. Wall Street Zen raised BUUU Group to a “hold” rating in a research note on Saturday, March 14th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has a consensus rating of “Sell”.

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.