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

Ucommune International Ltd (NASDAQ:UK) was the target of a large decrease in short interest in the month of October. As of October 31st, there was short interest totalling 27,400 shares, a decrease of 25.5% from the October 15th total of 36,800 shares. Based on an average trading volume of 184,300 shares, the short-interest ratio is currently 0.1 days. Approximately 4.7% of the company’s shares are short sold.

Ucommune International Price Performance

Ucommune International stock traded up $0.02 during midday trading on Friday, reaching $1.22. The stock had a trading volume of 57,773 shares, compared to its average volume of 174,126. The stock’s 50-day simple moving average is $1.33 and its 200 day simple moving average is $1.68. Ucommune International has a twelve month low of $1.12 and a twelve month 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.