Kuke Music Holding Limited (NYSE:KUKE - Get Free Report) was the recipient of a large growth in short interest in the month of March. As of March 31st, there was short interest totalling 6,400 shares, a growth of 73.0% from the March 15th total of 3,700 shares. Based on an average daily trading volume, of 44,900 shares, the short-interest ratio is currently 0.1 days.
Kuke Music Stock Down 21.5 %
Shares of KUKE stock traded down $0.60 during trading hours on Friday, hitting $2.19. 43,187 shares of the company were exchanged, compared to its average volume of 37,117. Kuke Music has a 52 week low of $0.42 and a 52 week high of $2.89. The business has a 50 day moving average of $2.10 and a two-hundred day moving average of $1.41.
Hedge Funds Weigh In On Kuke Music
A hedge fund recently bought a new stake in Kuke Music stock. Jane Street Group LLC purchased a new stake in shares of Kuke Music Holding Limited (NYSE:KUKE - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 22,178 shares of the company's stock, valued at approximately $85,000. Jane Street Group LLC owned about 0.08% of Kuke Music as of its most recent filing with the Securities and Exchange Commission (SEC). 0.02% of the stock is owned by institutional investors and hedge funds.
Kuke Music Company Profile
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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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