Ucommune International Ltd (NASDAQ:UK) Sees Large Increase in Short Interest

Ucommune International Ltd (NASDAQ:UK) was the target of a large increase in short interest in September. As of September 30th, there was short interest totalling 73,900 shares, an increase of 190.9% from the September 15th total of 25,400 shares. Approximately 12.2% of the shares of the stock are sold short. Based on an average daily volume of 185,800 shares, the days-to-cover ratio is presently 0.4 days.

Ucommune International Price Performance

Shares of NASDAQ:UK traded up $0.03 during mid-day trading on Friday, reaching $1.25. The stock had a trading volume of 32,832 shares, compared to its average volume of 171,762. The business’s 50 day moving average price is $1.46 and its 200 day moving average price is $1.84. Ucommune International has a 1 year low of $1.12 and a 1 year high of $6.85.

Ucommune International Company Profile

Ucommune International Ltd manages and provides agile office spaces in China. It operates self-operated and asset-light models. The company also provides individual services, such as catering, fitness, healthcare, training, and entertainment; general corporate services, such as corporate secretary, human resources, legal, finance, IT support, and tax services; incubation and corporate venturing services; design and build services; advertising and branding services; and related services.