Ucommune International Ltd (NASDAQ:UK) Sees Large Growth in Short Interest

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

Ucommune International Stock Up 10.0 %

Shares of UK traded up $0.12 during midday trading on Friday, reaching $1.27. The stock had a trading volume of 321,413 shares, compared to its average volume of 143,025. The firm’s 50 day moving average price is $1.19 and its 200-day moving average price is $1.37. Ucommune International has a 52 week low of $1.04 and a 52 week high of $3.70.

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.