Junee Limited (NASDAQ:JUNE - Get Free Report) saw a significant drop in short interest in May. As of May 15th, there was short interest totalling 35,800 shares, a drop of 29.2% from the April 30th total of 50,600 shares. Approximately 0.3% of the company's stock are sold short. Based on an average daily trading volume, of 66,500 shares, the short-interest ratio is currently 0.5 days.
Hedge Funds Weigh In On Junee
A hedge fund recently raised its stake in Junee stock. Renaissance Technologies LLC raised its holdings in Junee Limited (NASDAQ:JUNE - Free Report) by 36.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 25,589 shares of the company's stock after purchasing an additional 6,889 shares during the quarter. Renaissance Technologies LLC owned 0.20% of Junee worth $96,000 as of its most recent filing with the Securities and Exchange Commission.
Junee Stock Performance
Shares of JUNE stock traded up $0.70 during mid-day trading on Tuesday, hitting $11.50. 146,936 shares of the stock were exchanged, compared to its average volume of 63,048. The stock's fifty day simple moving average is $10.43 and its two-hundred day simple moving average is $6.54. Junee has a 12-month low of $2.75 and a 12-month high of $12.50.
About Junee
(
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Junee Limited, through its subsidiary, OPS Interior Design Consultant Limited, provides interior design, fit-out, and maintenance services to residential and commercial clients in the interior design market in Hong Kong. Its interior design services comprise preliminary consulting services, conceptualizing clients design ideas with layout plans, and producing detailed design drawings; and fit-out work includes various activities making an interior space suitable for residential or commercial purposes.
Further Reading
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