Short Interest in Ucommune International Ltd (NASDAQ:UK) Decreases By 50.2%

by · The Cerbat Gem

Ucommune International Ltd (NASDAQ:UK – Get Free Report) saw a large decrease in short interest in the month of October. As of October 15th, there was short interest totalling 36,800 shares, a decrease of 50.2% from the September 30th total of 73,900 shares. Based on an average trading volume of 182,400 shares, the days-to-cover ratio is presently 0.2 days. Currently, 6.3% of the shares of the company are sold short.

Ucommune International Stock Up 2.0 %

NASDAQ UK traded up $0.02 during trading hours on Monday, hitting $1.29. The company had a trading volume of 255,508 shares, compared to its average volume of 181,209. Ucommune International has a 52 week low of $1.12 and a 52 week high of $6.85. The firm has a 50 day simple moving average of $1.40 and a 200 day simple moving average of $1.77.

Ucommune International Company Profile

(Get Free Report)

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.

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