Kuke Music Holding Limited (NYSE:KUKE) Sees Large Increase in Short Interest

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

Kuke Music Stock Performance

Shares of Kuke Music stock traded down $0.02 on Friday, reaching $0.46. 61,799 shares of the company were exchanged, compared to its average volume of 743,489. Kuke Music has a 1-year low of $0.23 and a 1-year high of $4.07. The company has a quick ratio of 0.47, a current ratio of 0.48 and a debt-to-equity ratio of 0.10. The company’s 50-day moving average is $0.39 and its two-hundred day moving average is $0.80.

About Kuke Music

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.