Junee Limited (NASDAQ:JUNE) Sees Significant Growth in Short Interest

Junee Limited (NASDAQ:JUNE) was the target of a large increase in short interest in February. As of February 28th, there was short interest totalling 5,100 shares, an increase of 37.8% from the February 13th total of 3,700 shares. Based on an average daily volume of 22,600 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.2% of the company’s stock are short sold.

Junee Stock Performance

Shares of Junee stock traded up $0.74 during trading on Monday, reaching $6.50. The stock had a trading volume of 105,880 shares, compared to its average volume of 88,717. Junee has a 52 week low of $2.75 and a 52 week high of $6.47. The stock has a fifty day moving average price of $4.02 and a two-hundred day moving average price of $4.43.

Hedge Funds Weigh In On Junee

A hedge fund recently raised its stake in Junee stock. Renaissance Technologies LLC increased its holdings in shares of Junee Limited (NASDAQ:JUNE) by 36.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 25,589 shares of the company’s stock after purchasing an additional 6,889 shares during the quarter. Renaissance Technologies LLC owned approximately 0.20% of Junee worth $96,000 as of its most recent SEC filing.

Junee Company Profile

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.