Kuke Music Holding Limited (NYSE:KUKE) Short Interest Update

Kuke Music Holding Limited (NYSE:KUKEGet Free Report) was the recipient of a large decrease in short interest in February. As of February 28th, there was short interest totalling 164,800 shares, a decrease of 44.0% from the February 13th total of 294,500 shares. Approximately 0.9% of the company’s stock are sold short. Based on an average daily volume of 445,900 shares, the short-interest ratio is currently 0.4 days.

Hedge Funds Weigh In On Kuke Music

A hedge fund recently bought a new stake in Kuke Music stock. PFG Investments LLC bought a new position in shares of Kuke Music Holding Limited (NYSE:KUKEFree Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 72,000 shares of the company’s stock, valued at approximately $28,000. PFG Investments LLC owned approximately 0.23% of Kuke Music at the end of the most recent quarter. 0.02% of the stock is owned by institutional investors and hedge funds.

Kuke Music Trading Up 5.0 %

KUKE stock traded up $0.10 during trading hours on Friday, reaching $2.10. 311,113 shares of the stock were exchanged, compared to its average volume of 74,433. The firm’s 50-day moving average is $3.77 and its 200-day moving average is $5.43. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.48 and a quick ratio of 0.47. Kuke Music has a 12 month low of $1.45 and a 12 month high of $40.70.

About Kuke Music

(Get Free Report)

Kuke Music Holding Limited, through its subsidiaries, provides classical music licensing, subscription, and education services in China. It operates through two segments: Subscription, Licensing and Smart Education Business; and Music Events and Performances Business. The Subscription, Licensing and Smart Education Business segment distributes commercial copyrights and offers music education solutions.

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