Short Interest in Kuke Music Holding Limited (NYSE:KUKE) Declines By 93.8%

Kuke Music Holding Limited (NYSE:KUKEGet Free Report) saw a significant drop in short interest in the month of January. As of January 31st, there was short interest totalling 100 shares, a drop of 93.8% from the January 15th total of 1,600 shares. Based on an average daily volume of 26,200 shares, the short-interest ratio is currently 0.0 days.

Kuke Music Stock Down 10.4 %

NYSE KUKE traded down $0.20 during trading hours on Monday, reaching $1.68. 24,325 shares of the company traded hands, compared to its average volume of 48,525. Kuke Music has a 12 month low of $0.42 and a 12 month high of $1.98. The company has a current ratio of 0.43, a quick ratio of 0.41 and a debt-to-equity ratio of 0.05. The company has a 50 day moving average of $1.14 and a two-hundred day moving average of $0.94.

Hedge Funds Weigh In On Kuke Music

A hedge fund recently bought a new stake in Kuke Music stock. Dimensional Fund Advisors LP bought a new position in Kuke Music Holding Limited (NYSE:KUKEFree Report) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 13,439 shares of the company’s stock, valued at approximately $52,000. Institutional investors own 0.18% of the company’s stock.

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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