Kuke Music Holding Limited (NYSE:KUKE) Short Interest Update

Kuke Music Holding Limited (NYSE:KUKE) saw a significant decline in short interest in February. As of February 28th, there was short interest totalling 164,800 shares, a decline of 44.0% from the February 13th total of 294,500 shares. Based on an average daily trading volume, of 445,900 shares, the short-interest ratio is currently 0.4 days. Currently, 0.9% of the shares of the stock are short sold.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Kuke Music stock. Citadel Advisors LLC acquired a new stake in shares of Kuke Music Holding Limited (NYSE:KUKE) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 93,819 shares of the company’s stock, valued at approximately $37,000. Citadel Advisors LLC owned approximately 0.30% of Kuke Music at the end of the most recent reporting period. Hedge funds and other institutional investors own 0.02% of the company’s stock.

Kuke Music Stock Up 5.0 %

Shares of NYSE KUKE traded up $0.10 during midday trading on Friday, reaching $2.10. The company’s stock had a trading volume of 311,113 shares, compared to its average volume of 74,433. The company has a quick ratio of 0.47, a current ratio of 0.48 and a debt-to-equity ratio of 0.10. Kuke Music has a fifty-two week low of $1.45 and a fifty-two week high of $40.70. The business’s 50 day moving average price is $3.77 and its two-hundred day moving average price is $5.43.

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.