Kuke Music (KUKE) Short Interest Ratio & Short Volume

Short interest is the volume of Kuke Music shares that have been sold short but have not yet been closed out or covered. As of April 15th, traders have sold 8,300 shares of KUKE short. Learn More on Kuke Music's current short interest.

Kuke Music saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 8,300 shares, an increase of 29.7% from the previous total of 6,400 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

Here is how the short interest of companies in the sector of "consumer discretionary" compare to Kuke Music: Bright Scholar Education Holdings Limited (0.05%), iHuman Inc. (0.00%), 51Talk Online Education Group (0.23%), ATA Creativity Global (0.07%), Four Seasons Education (Cayman) Inc. (0.08%), QuantaSing Group Limited (0.05%), American Public Education, Inc. (3.01%), The NFT Gaming Company, Inc. (0.31%), PLBY Group, Inc. (5.51%), Where Food Comes From, Inc. (0.77%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.70 billion), Occidental Petroleum Co. ($3.52 billion), Charter Communications, Inc. ($3.14 billion), General Motors ($2.68 billion), Coinbase Global, Inc. ($2.57 billion), Moderna, Inc. ($2.18 billion), Tractor Supply ($2.10 billion), Royal Caribbean Cruises Ltd. ($1.91 billion), TC Energy Co. ($1.90 billion), and Williams-Sonoma, Inc. ($1.78 billion). View all of the most shorted stocks.

Short selling KUKE is an investing strategy that aims to generate trading profit from Kuke Music as its price is falling. KUKE shares are trading down $0.14 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for Kuke Music occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of KUKE, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including KUKE, twice per month. The most recent reporting period available is April, 15 2024.