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

Kuke Music Holding Limited (NYSE:KUKE) was the target of a significant growth in short interest during the month of September. As of September 15th, there was short interest totalling 318,900 shares, a growth of 734.8% from the August 31st total of 38,200 shares. Based on an average daily trading volume, of 163,300 shares, the days-to-cover ratio is presently 2.0 days.

Kuke Music Stock Performance

Shares of NYSE KUKE traded down $0.04 during midday trading on Wednesday, hitting $0.73. The stock had a trading volume of 61,907 shares, compared to its average volume of 110,666. The company has a current ratio of 0.26, a quick ratio of 0.26 and a debt-to-equity ratio of 0.23. The business’s 50 day moving average is $1.16 and its 200-day moving average is $1.91. Kuke Music has a 52 week low of $0.48 and a 52 week high of $4.07.

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.