BUUU Group Limited (NASDAQ:BUUU) Sees Large Increase in Short Interest

BUUU Group Limited (NASDAQ:BUUU) was the recipient of a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 7,330 shares, a growth of 71.4% from the July 30th total of 4,277 shares. Based on an average trading volume of 94,972 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are short sold.

BUUU Group Price Performance

Shares of BUUU stock traded down $0.20 during mid-day trading on Monday, hitting $28.50. The stock had a trading volume of 31,936 shares, compared to its average volume of 46,085. BUUU Group has a 12-month low of $5.24 and a 12-month high of $38.90. The firm’s 50-day moving average is $24.01 and its two-hundred day moving average is $18.77.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the company. Wall Street Zen raised BUUU Group to a “hold” rating in a research report on Saturday, June 27th. Weiss Ratings reissued a “sell (d-)” rating on shares of BUUU Group in a research note on Wednesday, July 29th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, BUUU Group currently has an average 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.