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Short Interest in Junee Limited (NASDAQ:JUNE) Expands By 237.2%

Short Interest in Junee Limited (NASDAQ:JUNE) Expands By 237.2%

Junee Limited (NASDAQ:JUNE - Get Free Report) was the recipient of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 61,700 shares, a growth of 237.2% from the March 31st total of 18,300 shares. Approximately 2.7% of the shares of the stock are sold short. Based on an average trading volume of 50,300 shares, the days-to-cover ratio is presently 1.2 days.

Junee Trading Down 4.4 %

Shares of JUNE traded down $0.49 during mid-day trading on Friday, reaching $10.76. The company had a trading volume of 11,970 shares, compared to its average volume of 70,337. The company's 50 day simple moving average is $7.71 and its 200 day simple moving average is $5.50. Junee has a 1-year low of $2.75 and a 1-year high of $12.50.

Institutional Trading of Junee

A hedge fund recently raised its stake in Junee stock. Renaissance Technologies LLC lifted its position in shares of Junee Limited (NASDAQ:JUNE - Free Report) by 36.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,589 shares of the company's stock after acquiring an additional 6,889 shares during the quarter. Renaissance Technologies LLC owned approximately 0.20% of Junee worth $96,000 at the end of the most recent reporting period.

About Junee

(Get Free Report)

Junee Limited, through its subsidiary, OPS Interior Design Consultant Limited, provides interior design, fit-out, and maintenance services to residential and commercial clients in the interior design market in Hong Kong. Its interior design services comprise preliminary consulting services, conceptualizing clients design ideas with layout plans, and producing detailed design drawings; and fit-out work includes various activities making an interior space suitable for residential or commercial purposes.

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