Short Interest in Ucommune International Ltd (NASDAQ:UK) Increases By 185.8%

Ucommune International Ltd (NASDAQ:UK) was the recipient of a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 74,300 shares, an increase of 185.8% from the December 15th total of 26,000 shares. Based on an average trading volume of 236,500 shares, the days-to-cover ratio is currently 0.3 days. Currently, 12.7% of the shares of the company are short sold.

Ucommune International Price Performance

NASDAQ UK traded up $0.03 on Thursday, hitting $1.13. 10,079 shares of the stock traded hands, compared to its average volume of 159,973. The business’s fifty day moving average is $1.20 and its two-hundred day moving average is $1.42. Ucommune International has a 12 month low of $1.04 and a 12 month high of $3.80.

About Ucommune International

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.