Kuke Music Holding Limited (NYSE:KUKE) Sees Significant Growth in Short Interest

Kuke Music Holding Limited (NYSE:KUKE) saw a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 462,400 shares, an increase of 6.3% from the December 15th total of 435,000 shares. Based on an average daily volume of 749,700 shares, the days-to-cover ratio is currently 0.6 days.

Kuke Music Price Performance

NYSE:KUKE traded down $0.02 during mid-day trading on Friday, reaching $0.46. 61,799 shares of the stock were exchanged, compared to its average volume of 743,489. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.48 and a quick ratio of 0.47. The business has a fifty day moving average price of $0.39 and a 200 day moving average price of $0.80. Kuke Music has a 1-year low of $0.23 and a 1-year high of $4.07.

Kuke Music Company Profile

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.