Short Interest in Kuke Music Holding Limited (NYSE:KUKE) Decreases By 7.6%

Kuke Music Holding Limited (NYSE:KUKE) was the recipient of a large decrease in short interest in the month of October. As of October 15th, there was short interest totalling 194,600 shares, a decrease of 7.6% from the September 30th total of 210,500 shares. Based on an average daily volume of 291,000 shares, the days-to-cover ratio is currently 0.7 days.

Kuke Music Price Performance

Shares of KUKE stock traded down $0.09 during trading hours on Thursday, hitting $0.70. The stock had a trading volume of 389,604 shares, compared to its average volume of 189,702. The stock’s 50 day moving average is $0.91 and its 200 day moving average is $1.64. Kuke Music has a twelve month low of $0.47 and a twelve month 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.