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

Junee Limited (NASDAQ:JUNE) was the target of a significant growth in short interest in March. As of March 15th, there was short interest totalling 9,200 shares, a growth of 80.4% from the February 28th total of 5,100 shares. Based on an average daily volume of 30,900 shares, the short-interest ratio is currently 0.3 days. Currently, 0.4% of the shares of the stock are short sold.

Junee Stock Up 7.4 %

Shares of JUNE traded up $0.65 during mid-day trading on Friday, hitting $9.46. 154,122 shares of the company were exchanged, compared to its average volume of 89,825. Junee has a 1-year low of $2.75 and a 1-year high of $9.90. The company has a 50 day moving average of $4.94 and a 200-day moving average of $4.67.

Hedge Funds Weigh In On Junee

An institutional investor recently raised its position in Junee stock. Renaissance Technologies LLC lifted its stake in shares of Junee Limited (NASDAQ:JUNE) by 36.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 25,589 shares of the company’s stock after purchasing an additional 6,889 shares during the period. Renaissance Technologies LLC owned 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.