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

Ucommune International Ltd (NASDAQ:UK) saw a large drop in short interest in October. As of October 15th, there was short interest totalling 36,800 shares, a drop of 50.2% from the September 30th total of 73,900 shares. Based on an average daily trading volume, of 182,400 shares, the short-interest ratio is presently 0.2 days. Approximately 6.3% of the shares of the stock are short sold.

Ucommune International Stock Performance

Shares of NASDAQ UK traded up $0.02 during trading hours on Monday, reaching $1.29. 255,508 shares of the stock traded hands, 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 company’s 50-day simple moving average is $1.40 and its two-hundred day simple moving average is $1.77.

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.