Kuke Music Holding Limited (NYSE:KUKE) Short Interest Up 42.5% in August

Kuke Music Holding Limited (NYSE:KUKE) was the recipient of a large increase in short interest in August. As of August 31st, there was short interest totalling 38,200 shares, an increase of 42.5% from the August 15th total of 26,800 shares. Based on an average trading volume of 128,800 shares, the short-interest ratio is currently 0.3 days.

Kuke Music Stock Performance

Shares of KUKE traded down $0.00 during mid-day trading on Monday, hitting $0.63. 68,914 shares of the company’s stock were exchanged, compared to its average volume of 112,291. The stock’s 50-day moving average is $1.25 and its 200-day moving average is $1.99. The company has a quick ratio of 0.26, a current ratio of 0.26 and a debt-to-equity ratio of 0.23. Kuke Music has a fifty-two week low of $0.48 and a fifty-two week 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.