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

Ucommune International Ltd (NASDAQ:UKGet Free Report) saw a significant growth in short interest in July. As of July 31st, there was short interest totalling 24,300 shares, a growth of 41.3% from the July 15th total of 17,200 shares. Based on an average trading volume of 135,700 shares, the short-interest ratio is currently 0.2 days. Currently, 4.0% of the shares of the stock are short sold.

Ucommune International Stock Performance

Shares of NASDAQ:UK traded down $0.01 on Thursday, reaching $1.64. The company’s stock had a trading volume of 72,061 shares, compared to its average volume of 169,073. Ucommune International has a 52-week low of $1.43 and a 52-week high of $6.85. The company has a 50-day simple moving average of $1.88 and a 200 day simple moving average of $2.13.

Ucommune International Company Profile

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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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